National Credit Union Administration May 29, 2008 – Federal Register Recent Federal Regulation Documents

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Incidental Powers

Document Number: E8-11927

Type: Proposed Rule

Date: 2008-05-29

Agency: National Credit Union Administration, Agencies and Commissions

NCUA proposes to amend its regulation governing a federal credit union's (FCU's) incidental powers by adding illustrations of permissible activities under the categories of correspondent services, operational programs, and finder activities. These amendments will provide useful information to FCUs by clarifying and updating the illustrations regarding permissible activities.

https://regulations.justia.com/regulations/fedreg/2008/05/29/E8-11927.html

Illustrations of Consumer Information for Hybrid Adjustable Rate Mortgage Products

Document Number: E8-11850

Type: Notice

Date: 2008-05-29

Agency: Federal Deposit Insurance Corporation, Agencies and Commissions, Federal Reserve System, National Credit Union Administration, Office of the Comptroller of the Currency, Department of Treasury, Department of the Treasury, Office of Thrift Supervision, Comptroller of the Currency

The Agencies are publishing four documents that set forth Illustrations of Consumer Information for Hybrid Adjustable Rate Mortgage Products. The illustrations are intended to assist institutions in implementing the consumer protection portion of the Interagency Statement on Subprime Mortgage Lending adopted on July 10, 2007, and in providing information to consumers on hybrid adjustable rate mortgage (ARM) products as recommended by that interagency statement. The illustrations are not model forms and institutions may choose not to use them.

https://regulations.justia.com/regulations/fedreg/2008/05/29/E8-11850.html