Compliance Watch
Featured Post
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 Will Not Prioritize Enforcement of Small Business Lending Data Collection Rule
The small business lending data collection rule requires covered financial institutions to collect and report data in connection with applications for credit received from a small business. -
Question of the Week: No Housing Expense
If a member states they pay no rent/mortgage, is it acceptable to add a minimum housing expense to their loan application? -
Updates from HUD on FHA-Insured Mortgages
In recent weeks, the U.S. Department of Housing and Urban Development (HUD) has issued some updates related to FHA-insured mortgages that credit unions should be aware of. -
Q1 Compliance Update Now Available
The InfoSight360 compliance update for the 1st quarter of 2025 is now available. The recording will be located under Training in the lower right-hand corner of the My 360 View page. -
Question of the Week: Escheating IRA Accounts
At what age does the abandonment period for an IRA begin? -
Question of the Week: Missouri Paid Sick Leave Effective May 1
Is the Missouri Paid Sick Leave Act (also known as Prop A) still set to go into effect? -
Regulatory Agency Focus/Transition
InfoSight360 Tech Tips provide quick insights to help you get the most out of our tools and keep everything running smoothly! -
InfoSight360 Tech Tips
InfoSight360 Tech Tips provide quick insights to help you get the most out of our tools and keep everything running smoothly! -
FCC Delays Effective Date of Universal Revocation Provision
On Feb. 16, 2024, the FCC issued a consent order clarifying the consent revocation provisions of the TCPA. -
Parties Reach Deal to Vacate Credit Card Late Fee Rule
The Chamber of Commerce of the United States and the CFPB filed a joint motion for entry of consent judgment to resolve litigation in the US District Court for the Northern District of Texas regarding the CFPB’s credit card late fee rule.
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