Following
MOUs, NAFCU, NCUA to host webinars with EXIM
After signing Memorandums
of Understanding (MOUs) with the Export-Import Bank (EXIM) in recent weeks, NAFCU
and the NCUA are set to host webinars to educate credit unions on the agency's
lending programs available to small business members.
NAFCU
flags QM, E-SIGN, more ahead of CFPB testimony
Ahead of CFPB Director
Kathy Kraninger's testimony before the Senate Banking Committee today, NAFCU
Vice President of Legislative Affairs Brad Thaler wrote to the committee to voice
credit unions' perspective on CFPB issues impacting the industry, including
its qualified mortgage (QM) rule, leadership structure, and more.
NCUA
outlines Reg X changes in new Reg Alert
The NCUA Tuesday issued a Regulatory
Alert to provide federally-insured credit unions (FICUs) with an outline of important
changes made by the CFPB’s interim final rule (IFR) – which became effective
July 1 – amending parts of Regulation X. Specifically, the NCUA noted changes
that could impact FICUs that service mortgages regulated by Regulation X.
Advocate
for CU success—even from home
NAFCU Virtual Congressional
Caucus
Help Congress understand why and how it needs to act for CUs
CFPB
seeks feedback on preventing discrimination
The CFPB Tuesday issued
a request for information (RFI) related to the Equal Credit Opportunity Act (ECOA)
and Regulation B to ensure a regulatory environment that expands access to credit
and ensures all consumers and communities are protected from discriminatory practices
in all aspects of a credit transaction.
Virtual
Reg School continues with sessions on Truth in Savings, Reg E
NAFCU's
Virtual Regulatory Compliance School continues today, with sessions on a number
of hot-topic items, including Truth in Savings, Regulation E, and more. To ensure
credit union professionals would have access to NAFCU's top-rated educational
conferences during the coronavirus pandemic, the association reimagined this event,
resulting in an all new digital format.
Fed
extends lending facilities through 2020
In an effort to support economic
recovery from the coronavirus pandemic, the Federal Reserve is extending several
of its lending facilities that were scheduled to expire near the end of September to Dec. 31, 2020.
