Posted by Sara. Shubra and filed under Compliance.
5.31.2022 – Regulatory Compliance Newsletter Fifth Circuit Holds Oral Argument in Challenge to CFPB’s Payday Lending Rule Payment Provisions NCUA Letter to Credit Unions Re: Federally Insured Credit Union NCUA Statement on Committee Passage of Vendor Authority and Underserved Areas Bills Did the DOJ Issue ADA Website Accessibility Regulations? CFPB: … Read More
This week, the Mountain West Credit Union Association sent a letter to NCUA Chairman Rodney Hood, written on behalf of the credit unions we serve expressing our appreciation for the work of the NCUA to bring about regulatory relief during this current crisis. The letter also included the Association’s recommendations for … Read More
The Small Business Administration’s $349 billion Paycheck Protection Program has officially run out of money. A notice, posted on the SBA’s website, states the “SBA is currently unable to accept new applications for the Paycheck Protection Program based on available appropriations funding. Similarly, we are unable to enroll new PPP … Read More
Last night and earlier this morning, the U.S.Treasury released additional documents for lenders participating in the Paycheck Protection Program. The new documents include: Lender Electronic Data Form Final Borrower Application Form SBA Form 3506 Both forms are outlined in the PPP Final Rule that was released on Thursday afternoon. To … Read More
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