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|October 15, 2014|
|TIPs Bulletin #14-23||SB 1050—Notaries Public: Verification of Identity: New Boxed Notice Required|
|October 1, 2014|
|TIPs Bulletin #14-22||Assembly Bill 2293 – Mandates Baseline Insurance Requirements for Transportation Network Companies|
|TIPs Bulletin #14-21||California Unclaimed Property Holder Notice Reports Coming Due|
|TIPs Bulletin #14-20||Assembly Bill 2742 – Revised Model Language for California Consumer Caution and Home Ownership Counseling Notice|
|September 23, 2014|
|TIPs Bulletin #14-19||AB-1858 Change to Financing Statement|
|September 18, 2014|
|TIPs Bulletin #14-18||Reg Z and Reg M Exemption Threshold Adjustments|
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The following most recent TIPs Bulletins are just a few that have been released within the past couple of months, along with respective effective dates for upcoming rules:
INVESTMENT AND DEPOSIT ACTIVITIES
TIPs Bulletin 13-23 gives detailed information on how the National Credit Union Administration (NCUA) board has amended Part 703 to allow federal credit unions to purchase Treasury Inflation Protected Securities (TIPS). TIPS will provide federal credit unions with an additional investment portfolio risk management tool that can be useful in an inflationary economic environment.
ALTERNATIVES TO USING CREDIT RATINGS
TIPs Bulletin 13-22 shows how the NCUA issued a final rule implementing certain statutory requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act that pertain to using credit ratings to assess credit worthiness of a security or money market instrument.
REQUIRED LOBBY NOTICES AND STATEMENTS
TIPs Bulletin 13-21 reflects on how Required Lobby Notices and Statements information hasn't been sent out for some time. Regulatory compliance for required signs and posters should be reviewed annually. Of note is the change to the signage for the Equal Housing Lender poster to NCUA’s Office of Consumer Protection.
'NMLS' RENEWAL PERIOD BEGINS NOV. 1
updated 10/17/14 01:01 PM
Guidance for Mortgage Loan Originators
The Nationwide Mortgage License Servicing and Registry (NMLS) annual renewal period begins Nov. 1 and ends Dec. 31, where mortgage loan originator registrants must renew their registrations annually, according to federal regulations.
FED'S UPCOMING FAIR LENDING WEBINAR
updated 10/10/14 09:09 PM
Also, Unclaimed Property Workshop
The Federal Reserve Bank of San Francisco is holding a webinar on fair lending issues and hot topics, where representatives from seven federal agencies will discuss a variety of emerging fair lending issues and hot topics.