Yesterday, the NCUA released a copy of chairman Mark McWatters’ response letter to Sen. Orrin Hatch addressing the continued relevance of the credit union tax exemption. Hatch, chairman of the U.S. Senate Committee on Finance, had sent a letter to...
This week, the House is expected to consider H.R. 4, the FAA Reauthorization Act of 2018. The Senate is expected to consider S. 140, the Coast Guard Reauthorization Act. In addition, the Senate may consider the nominations of Stuart Kyle Duncan to...
The effective date of the second round of amendments to the Consumer Financial Protection Bureau’s (CFPB) mortgage servicing rules was April 19. This means confirmed successors in interest are now entitled to the same servicing protections available...
The Loans and Leasing channel provides nearly 40 topics, some of which are state-specific. You’ll find information on the various lending acts, including: Equal Credit Opportunity Act, FACT Act, Fair Credit Reporting Act, Fair Housing Act, HOEPA...
The Small Asset Size (SAS) Credit Union Conference planned for May 17 in Birmingham, AL, is designed for credit unions under $50 million in assets but may also be appropriate for credit unions under $100 million in assets. SAS Conferences provide...
Millennials are a generation that drops acronyms into almost every sentence. And one popular term, FOMO, or fear of missing out, is creating rising debt. It’s the same “keeping up with the Jones” sentiment that has caused overspending in many...