CUNA Board Chair Susan Streifel, addressing the opening general session of the combined America’s Credit Union Conference and World Council of Credit Unions Conference Sunday, called on her international audience of credit union leaders and advocates to renew their commitment to making credit unions the best financial partners for people in this country and around the world.
“We believe that it is in the interest of humanity that global policymakers and regulators understand credit unions, that they note the value of member-oriented services credit unions provide and that they support the diversity which, thanks to credit unions, is a benefit not just to credit union members, but to all consumers.”
The new mortgage servicing rule from the CFPB clarifies the frequency of required written early intervention notices. A mortgage servicer must provide notice to a delinquent borrower no later than the 45th day of the borrower’s delinquency.
It is imperative that Congress take action to eliminate the negative consequences of last year’s changes to the Telephone Consumer Protection Act, CUNA wrote to a House subcommittee conducting a TCPA hearing Thursday.
CUNA Chief Advocacy Officer Ryan Donovan discusses this week's congressional activities, as well as advocacy strategies for the CFPB's short-term, small-dollar loan proposal in this week's Advocacy Update video.