Also: Free webinar today to help CUs understand the program; FI regulators offer mortgage flexibility
NAFCU TODAY | The News You Need Daily.
April 7, 2020
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Fed to set up facility to purchase PPP loans; NAFCU here to assist CUs [ [link removed] ]
As credit unions seek ways to support members impacted by the coronavirus, including through the Small Business Administration's (SBA) new paycheck protection program, NAFCU remains steadfast in its commitment to provide the best federal advocacy, compliance assistance, and education to ensure credit unions can do so effectively.
Today: Navigate PPP with NAFCU webinar [ [link removed] ]
How can credit unions navigate the Small Business Administration's (SBA) paycheck protection program (PPP)? Today, NAFCU is offering a free webinar to provide expert guidance on the process for offering loans through the new program created by the CARES Act.
FI regulators offer flexibility to mortgage lenders [ [link removed] ]
Financial institution regulators, including the NCUA, have issued a joint policy statement to provide regulatory flexibility to mortgage lenders and enable them to work with customers who may be struggling due to the coronavirus emergency.
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