Also: Fed survey shows strong loan demand; NAFCU flags risks of no national data security standard
NAFCU TODAY | The News You Need Daily.
November 5, 2019
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Student loans: Fair lending implications to consider [ [link removed] ]
In a follow up to previous blogs on the scope of Regulation Z's student loans rule and advertising student loans, NAFCU Regulatory Compliance Specialist Alma Calcano covers potential fair lending implications of considering immigration status when evaluating student loan applications in a new NAFCU Compliance Blog post.
Fed survey reveals strong loan demand [ [link removed] ]
The Federal Reserve Monday released its third-quarter senior loan officer opinion survey (SLOOS), which revealed "stronger loan demand, but tighter underwriting standards, particularly for subprime applicants," said NAFCU Chief Economist and Vice President of Research Curt Long.
NAFCU to Congress: Lack of national data standard creates risk [ [link removed] ]
NAFCU's Brad Thaler reiterated the association's call for a national data security standard to Congress Monday, arguing that not having one in place "creates risk, as bad actors often target those companies who do not have high security standards."
Lending trends focus of today's conference agenda [ [link removed] ]
How can credit unions prepare their lending portfolios for a potential economic recession? In which areas do top lending experts see the most opportunity? These are just a few of the questions attendees at NAFCU's sold-out Lending Conference will explore during today's sessions.
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