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The Credit Union National Association has added an escrow account compliance chart to its list of resources developed to help its member credit unions comply with new Consumer Financial Protection Bureau mortgage rules.

The chart format is designed to help credit unions find the specific information they are looking for quickly.  The chart covers the basics of the new rule and more detailed information, including:
  • Effective dates;
  • Exemptions and exceptions;
  • Significant definitions; and
  • What the new rule will change.

For additional information, read more.