NAFCU sends letter to NCUA, joint agencies on AVMs

NAFCU sent a letter to the NCUA in response to a joint agency proposed rule implementing the Dodd-Frank mandated quality control (QC) standards for the use of automated valuation models (AVMs) by mortgage originators and secondary market issuers when making credit decisions or securitization determinations.

NAFCU’s Lending Conference: New tracks to meet CUs’ needs

NAFCU’s Lending Conference, taking place Nov. 7-9 in New Orleans, will provide credit union professionals with everything needed to build a flourishing credit union lending portfolio. New this year, attendees will have the choice between a consumer lending or commercial lending track to provide in-depth, cutting-edge lending strategies and best practices that are suited to their credit union’s needs.

The latest on instant payments, FedNow

With the FedNow Service underway, there are several resources for credit unions to better understand the platform and payments innovations. According to Federal Reserve research released in May, strong majorities of businesses (83 percent) and consumers (75 percent) are already using faster payments, and most say they are likely to use faster payments more often in the future.

☀️ Summer Flash Sale! ☀️ 

Save $200.00 on BSA School On-Demand and Risk Management Seminar On-Demand when you’re one of the first 20 people to use the codes BSAONDEMAND and RISKONDEMAND!