From NAFCU Today <NAFCUToday@nafcu.org>
Subject NAFCU urges lawmakers to support MBL relief
Date March 24, 2021 11:00 AM
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Also: Thaler keeps focus on CU tools, flexibilities for COVID recovery; New-home sales see sharp fall in February



NAFCU TODAY | The News You Need Daily.

March 24, 2021



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NAFCU to Senate Small Biz: Exclude COVID loans from CUs' MBL cap [ [link removed] ]
Ahead of today's Senate Small Business Committee hearing with representatives from the Small Business Administration (SBA) to discuss the agency's coronavirus relief programs, NAFCU's Brad Thaler pushed for lawmakers' support of legislation that would allow credit unions to expand access to credit to small businesses in their communities.


Yellen, Powell provide updates on relief implementation; NAFCU reiterates CU needs ahead of SBC hearing [ [link removed] ]
Treasury Secretary Janet Yellen and Federal Reserve Chair Jerome Powell testified before the House Financial Services Committee Tuesday to provide an update on implementation of coronavirus relief and discuss the Fed's monetary policy.


New-home sales see sharpest drop since 2013 in February [ [link removed] ]
New-home sales fell 18.2 percent in February from January's upwardly revised rate of 948,000 annualized units to 775,000 units during the month. This represents the sharpest month-over-month decline since 2013, flagged by NAFCU's Curt Long in a new Macro Data Flash report.






FCRA, fair lending, more on Regulation Compliance School agenda today [ [link removed] ]
NAFCU's Virtual Regulatory Compliance School continues today with sessions focused on fair lending and the Fair Credit Reporting Act (FCRA). In addition, those working to obtain the prestigious NAFCU Certified Compliance Officer (NCCO) will close out the day with a roundup of what to expect for Exam 3 from NAFCU Vice President of Regulatory Compliance Brandy Bruyere.



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