CUNA asks CFPB for TRID safe harbor

CUNA is formally asking the CFPB to provide a temporary safe harbor from the enforcement of integrated disclosure requirements for mortgage loan transactions under the bureau’s TILA-RESPA Integrated Disclosures (TRID) regulation. In a comment letter to the bureau signed by Andrew Price, senior director of advocacy and counsel, CUNA stated that the trade association appreciates […]

Thursday reg. relief markup pushed to May 21

On Friday, Senate Banking Committee Chairman Richard Shelby (R-AL) announced that the markup for a regulatory relief bill has been moved to May 21. It was originally scheduled to be marked up this Thursday. However, 10 Democrats on the committee say they wouldn’t vote for it since they have not seen the legislation. CUNA continues […]