CFPB’s Chopra outlines plan to rein in data brokers

CFPB Director Rohit Chopra participated in a roundtable at the White House earlier this week and shared an update on the bureau’s efforts to address issues related to data brokers and consumer credit reports, which could impact credit unions and their use of consumer reports.

Available now: CUPP episode details new FHFA credit score models, credit report requirements

On the latest episode of NAFCU’s Credit Union Policy Podcast (CUPP), host and NAFCU Vice President of Regulatory Affairs Ann Petros talks with VantageScore Senior Vice President of Industry and Government Relations Tony Hutchinson about the Federal Housing Finance Agency’s (FHFA) initiative to validate and incorporate new credit score models and credit report requirements into the housing finance market.

FOMC minutes highlight considerable change in inflation

The Federal Open Market Committee (FOMC) yesterday released minutes from its July meeting, revealing the committee is not in agreement on further rate hikes. This divide adds pressure to incoming data before next month’s meeting. 

Claim Your Free Congressional Caucus Registrations Now! 

Mastercard and Visa have partnered with NAFCU to help bolster lobbying efforts in D.C. CU CEOs plus one more from their CU can register for free—while funds last. 

New on the Compliance Blog: ATMs and checks, CFPB Supervisory Highlights

As credit unions work to meet the needs of more than 137 million Americans, NAFCU's award-winning regulatory compliance team continues to keep credit unions informed with new posts on the Compliance Blog every Monday and Wednesday.