Compliance Blog covers UDAAP authority, federal policy changes, and more
Questions ranging from unfair, deceptive, or abusive acts or practices (UDAAP) authority to the latest actions from federal regulatory agencies are addressed in the latest Compliance Blog entries from America’s Credit Unions’ compliance team.
Recent entries include:
- “Remember UDAP before UDAAP?” covers UDAAP authorities under Dodd-Frank, as well as from NCUA and other banking regulators that can use its authority to take enforcement actions against institutions they regulate;
- "FHFA, HUD Announce Policy Changes; Treasury Phasing Out Paper Checks” highlights policy changes at agencies that include the Federal Housing Finance Agency, Department of Housing and Urban Development, Federal Housing Administration, and The Treasury; and
- “MARCH FORWARD! CFPB Resumes Litigation of Alleged MLA Violations” addresses alleged violations of the Military Lending Act and its statutory maximum annual percentage rate of interest.
The compliance team provides new blog entries every Tuesday and Thursday. Subscribe to receive email updates from the Compliance Blog.