Also: House to vote on bill to cancel GSEs’ single-family pricing framework; NAFCU, trades: GSEs’ credit score plan lacks time, flexibility
June 23, 2023
NCUA seeks feedback on raising operating fee exemption threshold ([link removed] )
The NCUA Board Thursday issued a notice and request for comment (RFC) on adjustments to its operating fees methodology as it considers raising the exemption threshold for federal credit unions (FCUs) that pay operating fees from $1 million to $2 million.
House set to vote on bill to cancel GSEs’ single-family pricing framework ([link removed] )
The House is set to vote today on the Middle Class Borrower Protection Act of 2023 (H.R. 3564), which would cancel the Federal Housing Finance Agency’s (FHFA) recent changes to the GSEs’ single-family pricing framework.
NAFCU, trades offer recommendations for GSEs’ credit score plan ([link removed] )
NAFCU joined with several other housing finance stakeholders to share feedback on the Federal Housing Finance Agency’s (FHFA) new credit score requirements for the government-sponsored enterprises (GSEs). NAFCU has supported the use of alternative credit scoring models that more accurately capture creditworthy borrowers and offer them access to affordable credit.
🐎 Compliance Savings Ends Soon: Prices Increase After Friday 6/23!
Save $200.00 on NAFCU's 2023 BSA School ([link removed] ) and Risk Management Seminar ([link removed] ) , August 15 to 17 in Louisville. Join your peers for comprehensive training in the heart of the Bluegrass and get insights on the latest developments and technologies that impact your credit union and members. Hurry! In-person availability is limited.
Unable to attend in-person? Attend the BSA School On-Demand ([link removed] ) or Risk Management Seminar On-Demand ([link removed] ) at discounted rates without the need to travel.
5 things to know this week ([link removed] )
NAFCU's widely read NAFCU Today is credit union leaders' go-to source for the latest on issues impacting the credit union industry. For those short on time, here's a roundup of this week's top need-to-know updates and resources.
CFPB offering webcast on small biz lending rule ([link removed] )
The CFPB is offering a webcast on its small business lending data collection rule Wednesday. Staff from the bureau’s Office of Regulations will review information to help financial institutions determine whether they are covered financial institutions, whether transactions are covered credit transactions, and which businesses are small businesses under the rule.
CDFI Fund subcommittee to hold public meeting July 7 ([link removed] )
The Community Development Financial Institution (CDFI) Fund’s recently established CDFI Certification Subcommittee is set to hold a virtual public meeting July 7 to present recommendations on the process to revise the CDFI Certification Application.
Existing home sales remain steady in May ([link removed] )
Existing home sales rose 0.2 percent in May to a seasonally-adjusted annual rate of 4.3 million units. This represents a 20.4 percent decrease in sales versus a year ago. NAFCU Chief Economist and Vice President of Research Curt Long breaks down the report in a new NAFCU Macro Data Flash report.
MCUS-23133_NAFCU_Today_Email_Ad_167x300 ([link removed] )
NAFCU CALENDAR ([link removed] )
MAY 1 -
SEPT 30
Regulatory Compliance School On-Demand ([link removed] )
An On-Demand Event
JUNE
27 - 30
Engage 2023: NAFCU's Annual Conference ([link removed] )
Long Beach, CA
JULY
1
Federal Reserve - Debit Card Interchange Fees and Routing ([link removed] )
Compliance Deadline
JULY
6
BSA Training for Credit Union Staff
([link removed] )
Webinar
JULY
11
Lending and the Economy: A Mid-Year Review
([link removed] )
Complimentary Webinar
BE HEARD IN D.C. AT NAFCU'S CONGRESSIONAL CAUCUS!
Fight for your members on Capitol Hill. Don’t miss NAFCU’s Congressional Caucus ([link removed] ) this September 10 – 13, 2023 in Washington, D.C.
- Fight the Durbin backed bill to regulate interchange rates
- Get personal access to lawmakers and regulators
- View the key issues ([link removed] )
Save $200.00 with code CAUCUSAVINGS for a limited time
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