NAFCU,
NCUA Chairman Harper discuss CU priorities, concerns
NAFCU President
and CEO Dan Berger and NCUA Chairman Todd Harper Monday discussed credit union
concerns and priorities on a number of key issues, including the need for increased
capital flexibility during the coronavirus pandemic and various opportunities
for capital reform. NAFCU Executive Vice President and General Counsel Carrie
Hunt and Director of Regulatory Affairs Ann Kossachev also joined the meeting.
CFPB
attempts to preempt foreclosures with mortgage servicing changes
Following
the CFPB's warning last week to mortgage servicers, the bureau Monday proposed
mortgage servicing changes in an attempt to preempt an expected wave of foreclosures
once coronavirus relief provisions expire.
Lt.
Col. Harris talks leadership, community, more ahead of NAFCU's BOD conference
Teamwork. Trust. Those are the foundational elements of a successful operation
according to Lt. Col. Jason Harris. Harris is a decorated combat veteran, having
served as a pilot in the U.S. Air Force, and is set to deliver the keynote at
NAFCU's Virtual Board of Directors and Supervisory Committee Conference next week.
Last
Chance to Register!
Virtual Board of Directors and Supervisory
Committee Conference starts next week. Will your board be there?
CUs:
Share feedback on COVID-relief legislation
Credit unions are encouraged
to share their insights and perspective on issues related to coronavirus-relief
legislation via this month’s Economic & CU Monitor survey. Responses to
the survey are due tomorrow; the survey can be filled out online.
Vehicle
sales surge in March; NAFCU expects strong year ahead
Total vehicle
sales surged in March from 15.8 million annualized units to 17.8 million during
the month. Monthly sales levels were up a massive 56.2 percent year-over-year.
NAFCU Chief Economist and Vice President of Research Curt Long analyzed the positive
report in a new Macro Data Flash report.
