NAFCU-supported
CFPB commission bill introduced in Senate
Sen. Deb Fischer, R-Neb.,
yesterday introduced legislation to reform the CFPB's structure from a single
director to a bipartisan commission. NAFCU has consistently advocated that the
bureau's leadership structure should be reformed to a commission-based model to ensure transparency and stability.
SBA,
Treasury release revised PPP forgiveness application, EZ version
The
Small Business Administration (SBA), in collaboration with the Treasury Department,
Wednesday released a revised, borrower-friendly paycheck protection program (PPP)
loan forgiveness application implementing changes made by the recently enacted
Paycheck Protection Program Flexibility Act (H.R. 7010).
Moratorium
on GSEs' foreclosures, evictions extended through August
The Federal
Housing Finance Agency (FHFA) has further extended its moratorium on foreclosures
and evictions for government-sponsored enterprise (GSE)-backed single-family mortgages.
The moratorium aims to support those borrowers who are at risk of losing their
homes as a result of the coronavirus pandemic.
NAFCU's State of the Industry - A Virtual
Event
Get the data, trends and takeaways you need now to keep your
operations strong.
NCUA
directs CUs to resources on BSA/AML, remittances, business lending
The NCUA Wednesday notified credit unions of resources available to help institutions
understand recent regulatory and supervisory changes and new programs to help
businesses weather the coronavirus pandemic.
NAFCU
highlights CFPB's proposed rule to ease LIBOR transition, requests CU feedback
The CFPB earlier this month released a notice of proposed rulemaking in an effort
to ease the transition away from the London Inter-bank Offered Rate (LIBOR) for
consumers and regulated entities. In a new Regulatory Alert, NAFCU highlights
key aspects of the rule that could impact credit unions and seeks feedback from members.
NAFCU's
Online Training Center set for upgrades
NAFCU's Online Training
Center is getting a makeover with updates to give credit unions easier access
to new content and improve the overall user experience. To transition to the new
platform, the Online Training Center will not be accessible June 22-23.
