The Financial Crimes Enforcement Network’s (FinCEN) request for comment on collection of beneficial ownership (BOI) access information outlines the method by which financial institutions provide certification to FinCEN when requesting access to the database. America’s Credit Unions urges credit unions to help shape the discussion and ensure comments address the appropriate needs through their feedback. …
America’s Credit Unions and other organizations wrote the Department of Veterans Affairs (VA) to urge it to align its VA Home Loan Guaranty Program minimum property requirements (MPRs) with the property condition standards of Fannie Mae and Freddie Mac (GSEs). The letter comes in response to the VA’s advance notice of proposed rulemaking to gather …
America’s Credit Unions is supporting a candidate running to fill New York’s open U.S. House seat Tuesday in a special general election. Former Rep. Tom Suozzi, D-N.Y., is running to fill the 3rd Congressional District seat, which was vacated by former Rep. George Santos, R-N.Y., after his expulsion in December. Suozzi was a credit union …
