Also: NAFCU's bold advocacy ensured CU priorities were heard in 2020; FHFA issues RFI on appraisals



NAFCU TODAY | The News You Need Daily.

December 29, 2020



----------

----------

House overrides NDAA veto, votes to increase stimulus check amounts [ [link removed] ]
Following President Donald Trump's veto of the fiscal year 2021 National Defense Authorization Act (NDAA) last week, the House Monday, via a 322-87 vote, passed a measure to override the veto. The Senate is also expected to vote on overriding the veto as soon as today. Ahead of the vote, NAFCU Vice President of Legislative Affairs Brad Thaler wrote to congressional leadership to urge them to support the veto override.


NAFCU secures meetings, keeps CU priorities in front of decision makers in 2020 [ [link removed] ]
Despite challenges posed by the coronavirus pandemic, NAFCU – as the credit union industry's leading federal advocate – kept in close contact with key decision makers in Washington throughout 2020 to ensure credit unions' voices were heard and priorities were addressed at the highest levels of government.


FHFA releases RFI on appraisal-related policies, practices, and processes [ [link removed] ]
The Federal Housing Finance Agency (FHFA) Monday released a request for information (RFI) reviewing its appraisal-related policies, practices, and processes. The agency indicated that it will use the comments to determine the necessary modifications needed to ensure the government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, operate in a safe and sound manner.






NAFCU summarizes phase 4 relief provisions, expiring regs in new resources [ [link removed] ]
Following President Donald Trump's signing of the phase 4 coronavirus relief and FY2021 federal government omnibus measure Sunday night, NAFCU has released a new resource summarizing key relief provisions for credit unions available online. In addition, the association has updated its chart outlining the expiration dates of several pandemic-related relief measures, many of which have been extended into next year.


FinCEN issues notice on coronavirus vaccine-related fraud [ [link removed] ]
The Financial Crimes Enforcement Network (FinCEN) Monday alerted financial institutions about the potential for fraud, ransomware attacks, and similar types of criminal activity related to coronavirus vaccine distribution. The agency also provided specific instructions for filing suspicious activity reports (SARs).


New on the Compliance Blog: CFPB advisory opinion program and finalized QM rules [ [link removed] ]
As credit unions work to meet the needs of more than 123 million Americans during the coronavirus pandemic, NAFCU's award-winning Regulatory Compliance Team continues to keep credit unions informed with new posts on the Compliance Blog every Monday, Wednesday, and Friday.



----------



----------






----------
NAFCU Calendar: [link removed]





----------








--------------------------------------------

JOIN THE CONVERSATION:
LINKEDIN: [link removed]
FACEBOOK: [link removed]
TWITTER: [link removed]
YOUTUBE: [link removed]
BLOGS: [link removed] ]
---------------------------------------------
Send feedback [ mailto:[email protected] ]
Subscribe now to NAFCU Today [ [link removed] ]
Opt out of NAFCU Today? [ [link removed] ]
Update your communication preferences [ [link removed] ]
Unsubscribe to ALL of NAFCU's emails. [ [link removed] ]

NAFCU Today? is published weekdays by the National Association of Federal Credit Unions.

3138 10th Street North | Arlington, VA 22201 | email: [email protected] [ mailto:[email protected] ] | phone: (703) 522-4770; (800) 344-5580

?




Powered by Higher Logic [link removed]