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InfoSight Updates
Posted: Mar 4, 2021 | Author:
InfoSight
COVID-19
lending & collections
mortgage lending
NCUA
PPP
SBA
share insurance
Truth in Lending Act
The following updates were made in February:
- The Share Insurance topic in the Accounts channel has been updated to reflect the NCUA’s recent amendment, effective on March 26, 2021.
- The Paycheck Protection Program topic was updated to provide additional information and resources from the SBA.
- The Truth in Lending Act topic was updated under “Subpart E – Special Rules for Certain Mortgage Transactions” to reflect the CFPB’s final rule published and effective on February 17, 2021.
- Two of the Model Policies that were created in response to COVID-19 (Policy 7362 – Temporary Policy for Loan Modifications and Reporting – COVID-19 and Policy 7436 – SBA PPP) have been updated to reflect the expiration of certain programs and the extension of others.
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