Archive for the ‘Online Installment Loans Iowa’ Category

Do people that are workers of credit union subsidiaries and participate in domestic home loan financing have to acquire a permit from SML?

Thursday, July 16th, 2020

The SAFE Act treats workers of depository organization subsidiaries just like workers for the depository organization as long as the subsidiary is owned by the depository organization and controlled with a banking agency that is federal. When it comes to credit union subsidiaries, the nationwide Credit Union management (NCUA) has given a viewpoint page saying so it doesn’t have direct oversight or enforcement authority of these entities. [more…]