Written by Steve Van Beek
A couple of items for Monday morning.
Ask CFPB. The CFPB announced a new initiative - Ask CFPB - which includes answers to over 350 common questions from consumers (mostly on credit cards and mortgages for now). The CFPB's blog post is here and the press release is here.
For a split second I thought the CFPB might have taken a step to help regulated entities understand the confusing regulatory requirements. Alas, we'll keep plowing through piles of cross-references and staff commentary to find the actual requirements.
Regulatory Compliance School. We had a great crowd at Reg School with over 150 attendees and 90 of those taking their NAFCU Certified Compliance Officer (NCCO) exams. Here are a couple of NAFCU Today stories on School: March 20 (with photo) and March 26.
For those who took the NCCO exams, we hope to have the results to you by the end of this week.
MBL in Senate. The Small Business Lending Enhancement Act was reintroduced in the Senate last week as S. 2331. The new bill is identical to S. 509 but was reintroduced due to procedural reasons which might allow a vote in a shorter period of time. The NAFCU Today has news stories from last Thursday and Today.
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Last Friday marked 5 months since our wedding. I wanted to put together a "Top 5 Things I've Learned" list but it really just comes down to one thing: Happy Wife, Happy Life.
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