As
relief package is crafted, lawmakers propose ways to support homeowners
As Congress pursues additional coronavirus relief measures, the House Financial
Services Committee tomorrow is set to markup its portion of the next coronavirus
relief bill with provisions to support workers, homeowners and renters, and more.
In addition, senators have reintroduced legislation to provide financial assistance
to homeowners to help them make mortgage and other payments.
NCUA,
SBA recent rulemaking efforts focus of Reg Committee meeting
NAFCU's
Regulatory Committee meets today to discuss several initiatives and rulemaking
efforts and initiatives underway at the NCUA – including the agency's ACCESS
initiative to support financial inclusion – the regulatory environment as new
leadership gets underway at various agencies, and efforts to support members and
communities amid the coronavirus pandemic.
CUs:
Share insights into capital issues via NAFCU's ECU Monitor survey
As Congress moves forward with coronavirus relief efforts and regulators outline
their priorities for the year, credit unions are encouraged to share their insights
and perspective on issues related to capital by participating in this month's
Economic & CU Monitor survey. Responses to the survey are due tomorrow; the survey can be filled out online.
Build
and Strengthen Your Core Compliance Knowledge
Attend NAFCU's Virtual
Spring Regulatory Compliance School to understand credit union compliance from
A to Z.
Consumer
credit rises in December; NAFCU expects modest growth into the summer
Total consumer credit rose 2.8 percent in December (seasonally-adjusted, annualized),
up 0.1 percent versus a year ago. NAFCU Chief Economist and Vice President of
Research Curt Long analyzed the latest numbers in a new NAFCU Macro Data Flash report.