NAFCU
to Senate Small Biz: Exclude COVID loans from CUs' MBL cap
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
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
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.
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.
FCRA,
fair lending, more on Regulation Compliance School agenda today
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.
