Key
UDAAP considerations outlined in new issue brief
Following the CFPB's
rescission of its policy statement related to the "abusive" prong of
the unfair, deceptive, or abusive acts or practices (UDAAP) provision, NAFCU has
a new issue brief available to help credit unions understand the regulatory landscape
and enforcement expectations under the bureau's authority in this area.
NAFCU
reiterates call for CU tools, flexibilities ahead of HFSC hearing
NAFCU's
Brad Thaler Monday offered the credit union perspective ahead of a House Financial
Services Committee hearing to examine the Treasury Department and Federal Reserve's
pandemic response. Thaler called for the extension of several tools and flexibilities
that will allow credit unions to continue to support their members and communities
amid the coronavirus pandemic and beyond.
ECU
Monitor: How COVID-19 has impacted branching
A year into the coronavirus
pandemic and in-person restrictions, NAFCU's new Economic & CU Monitor
report – now available for download – provides insights into how the crisis
has impacted credit unions' branch operations and member trends related to
using online and mobile banking options.
Complimentary NAFCU Q1 Member Webinar
on Mar. 30
Join NAFCU President and CEO Dan Berger and the association's
award-winning advocacy team to hear the latest from Congress on coronavirus relief,
updates on the Biden administration and more.
Reg
Compliance School back in action with mortgage, consumer loan rules
NAFCU's Virtual Regulatory Compliance School resumes today with sessions
focused on mortgage origination and consumer lending regulations. In addition,
those working to obtain the prestigious NAFCU Certified Compliance Officer (NCCO)
designation have more opportunities to take exams.
Existing-home
sales fall in February; NAFCU expects demand to chase supply through 2021
Existing-home sales fell 6.6 percent in February to a seasonally-adjusted rate
of 6.22 million units, representing a 9.1 percent increase in sales versus a year
ago. In a new Macro Data Flash report, NAFCU's Curt Long noted supply is
having a detrimental effect on the housing market, especially when it comes to less-expensive homes.
