Compliance Watch

Question: Do we always have to accept a durable power of attorney? Answer: While the answer is no, it’s a bit more complicated than that.

This year, Cornerstone League will hold a virtual Hike at Home on Oct. 18–22,* similar to the very successful virtual hike we held in 2020. Please mark your calendars so you’re sure to join us.

With our League partners, we strive to keep the content in InfoSight current, relevant, and evolving based on credit unions’ needs.

The CFPB announced the release of its first in-depth report analyzing complaint submission patterns by U.S. Census tract.

FinCEN has announced an Advance Notice of Proposed Rulemaking (ANPRM) to solicit public comment on a range of questions related to the implementation of amendments to the Bank Secrecy Act regarding the trade in antiquities.

The Federal Housing Finance Agency has announced that Fannie Mae and Freddie Mac will continue to offer COVID-19 forbearance to qualifying multifamily property owners as needed, subject to the continued tenant protections FHFA has imposed during the pandemic.

The Federal Housing Finance Agency and the Department of Housing and Urban Development reported clarifications of Freddie Mac's policies to make clear it will purchase mortgages secured by a property owned by an individual and rented to a group home for persons with disabilities.

Since the COVID-19 pandemic began in early 2020, the federal government has enacted a series of programs to help people stay in their homes.

The Texas Credit Union Commission will review and consider for re-adoption, revision, or repeal, Chapter 93, Subchapter A, concerning common terms consisting of §93.101 (Scope; Definitions; Severability).

Question: We want to use email marketing but are concerned about the CAN-SPAM Act. Is it true we can send out “cold,” that is, unsolicited emails? Answer: Yes. The CAN-SPAM Act allows you to send out marketing emails to persons that have not opted to receive them as long as you...