Compliance Watch
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Texas Court Invalidates DOL Overtime Exemption Salary Threshold Rule
A federal judge in Texas struck down the DOL's latest attempt to raise the minimum salary thresholds for the FLSA's white-collar overtime exemption, finding that the rule exceeded the agency’s statutory authority. Login Required.
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CFPB Issues Annual Report on Servicemember Affairs
The CFPB and its Office of Servicemember Affairs have issued their eighth annual report regarding their commitment to educating and empowering servicemembers, veterans, and military families... -
CFPB and FTC Alert Landlords to Tenants' Pandemic Rights
Last week, CFPB Acting Director Dave Uejio and FTC Acting Chairwoman Rebecca Kelly Slaughter sent notification letters to the nation’s largest apartment landlords, which collectively own more than 2 million units. -
Celebrating Older Americans Month
During May, the FTC and federal and state organizations nationwide will celebrate Older Americans Month, with “Communities of Strength” as its theme. -
CU PolicyPro New System FAQs
The new CU PolicyPro system launched at the end of last month, and we have received some great feedback about the new features and enhanced functionality. -
Question of the Week
Question: Does a member give us prior express consent for non-marketing calls using a pre-recorded message or automated telephone dialer system under the Telephone Consumer Protection Act if they provide a cell phone number on an application for a loan or deposit account? -
This Week's Challenge
Tell five colleagues about InfoSight! -
Qualified Mortgage Changes
The CFPB has amended the mandatory compliance date of the new qualified mortgage rules from July 1, 2021, to Oct. 1, 2022. -
CFPB Issues Consumer Complaint Bulletin
The CFPB announced it has issued a Complaint Bulletin with a county-level demographic overview of consumer complaints. -
NASCUS Offers a Cannabis and Hemp eSchool
The National Association of State Credit Union Supervisors (NASCUS) is pleased to offer a Cannabis/Hemp eSchool, featuring guest speaker Deirdra O’Gorman, founder and principal, DX Consulting. -
CFPB Action Against Reverse Mortgage Lender
The Consumer Financial Protection Bureau announced it has taken action against Nationwide Equities Corporation for sending deceptive loan advertisements to hundreds of thousands of older borrowers.
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