NAFCU,
as CUs' Washington Watchdog, secures key meetings in 2019
As the
industry's Washington Watchdog, NAFCU meets regularly with key regulators,
lawmakers, and administration officials to ensure credit unions' voices are
heard at the highest levels of government. In 2019, the association secured numerous
meetings to discuss industry priorities, including housing finance reform, regulatory
relief, examinations, payments, small business lending, and more.
NAFCU
updates CUs on recent Reg E exam findings
In a follow up to a previous
blog on credit union challenges regarding Regulation E error resolutions, NAFCU
Senior Regulatory Compliance Counsel Jennifer Aguilar discusses two issues that
were identified in the Federal Reserve's exam findings in a new post on the Compliance Blog.
Fed
launches fintech innovation program
The Federal Reserve Board announced
a new initiative – a series of fintech innovation office hours – to hear from
financial institutions and financial technology companies on issues involving fintech.
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New-home sales up 17% from last year
November's new-home sales were 16.9 percent higher than last year's
after rising 1.3 percent during the month to 733,000 units. NAFCU Research Assistant
Nadir Tekarli noted strong gains in the Northeast and West made up for falling sales in the South.