New CFPB rules change the definitions and coverage of two types of mortgages.

Regulatory compliance firm PolicyWorks today announced the availability of ComplyRight, a full-service, comprehensive compliance solution for credit unions. In partnership with PolicyWorks, sister company The Members Group (TMG) will offer ComplyRight to its credit union clients at a significantly reduced price.

According to Andrea Stritzke, vice president of regulatory compliance for the Des Moines-based compliance firm PolicyWorks, the bureau contacted her organization in advance of the hearing announcement, inviting it and Iowa credit unions to attend the hearing and participate in a roundtable on the topic the previous day.

Shore up current compliance procedures before new rules take effect.