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November 15, 2017

CFPB Director Richard Cordray Announces Resignation

CPPB Bureau Director Richard Corday has announced that he will step down at the end of November after serving since 2013, which could possibly clear the way for the current administration to remake the agency. The White House has stated it will name an acting director to the post at an appropriate time.

November 13, 2017

CFPB Releases 2018 Lending Compliance Thresholds

The CFPB has released additional 2018 lending compliance thresholds (see Federal Register notice here). The HPML Appraisal Exemption Threshold contained in 1026.35(c)(2)(ii) increased from $25,500 to $26,000, and the Regulation Z threshold contained in 1026.3(b)(1) increased from $54,600 to $55,800. Remaining thresholds will be published soon.


Accomplus blog

CECL -- FAQs on Credit Losses

Although it's only the beginning of 2017 and the compliance deadline seems far away, it’s not too early to begin implementation...

Lending January 3, 2017

Credit report sharing

We hope every one had a wonderful holiday and have made their resolutions and are ready to tackle the new...

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At Accomplus, our priority is to be a one-stop compliance shop for credit unions. Our industry is always changing, and it can be hard to keep up. That's where we come in. If you need compliance help, you'll get a collaborative and simplified experience here.

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