Also: Compliance Blog digs into NCUA hemp-banking guidance; FEMA releases national mitigation strategy



NAFCU TODAY | The News You Need Daily.

August 27, 2019



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NAFCU Regulatory Alert highlights HUD's proposed rule [ [link removed] ]
NAFCU Monday sent a Regulatory Alert to its members seeking comment on the Department of Housing and Urban Development’s (HUD) proposed rule that would amend its disparate impact rule under the Fair Housing Act (FHA).


Compliance Blog explores NCUA's hemp-banking guidance [ [link removed] ]
NAFCU's Vice President of Regulatory Compliance Brandy Bruyere discusses the NCUA's recently released interim guidance regarding how federally insured credit unions can provide certain financial services to legally operating hemp business in a new post on the Compliance Blog. The regulatory alert was the first guidance offered by the agency.


FEMA publishes strategy on mitigating natural disasters [ [link removed] ]
The Federal Emergency Management Agency (FEMA) earlier this month released the National Mitigation Investment Strategy (NMIS). FEMA describes it as “a single national strategy for advancing mitigation investment to reduce risks posed by natural hazards (for example, sea level rise, droughts, floods, hurricanes, tornados, wildfires, earthquakes) and increasing the nation’s resilience to natural hazards.”






New Home Sales see sharp fall in July [ [link removed] ]
July’s new home sales (635,000 units) saw a 12.8 percent decline after a large upward revision to estimated June sales (728,000 units). The market has been volatile recently due to the countervailing effects of declining mortgage rates and increasing economic uncertainty.



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