CUNA will be engaged with several Congressional hearings this week. The House is expected to consider the FAA Reauthorization Act of 2018, and the Senate may consider the nomination of Mike Pompeo to be Secretary of State.
Thursday, April 19 marked the effective date of amendments to the CFPB's mortgage servicing rules. Confirmed successors in interest are now entitled to the same protections available to borrowers under both Reg Z and Reg X.
CUNA Senior Director of Advocacy and Counsel Leah Dempsey appeared on a podcast Monday to discuss the state of frivolous lawsuits hitting credit unions due to uncertainty with how the ADA applies to websites.
Georgia Credit Union Affiliates joined with their counterpart state banking trade organizations to call on Georgia members of Congress to support the bipartisan Economic Growth, Regulatory Relief and Consumer Protection Act.
CUNA continues its aggressive nationwide defense of credit unions facing frivolous lawsuits Friday by filing a brief with the Cornerstone Credit Union League supporting Local 20 IBEW FCU in a suit alleging ADA violations..
NCUA General Counsel Michael McKenna recently issued a legal opinion letter from the agency on loan participations in response to an inquiry about whether it must meet requirements throughout the life of the transaction.
CUNA appreciates NCUA’s efforts to streamline the examination and supervisory process with an eye toward the future of the industry, it wrote in response a request for information on call report/profile content modernization.
The U.S. District Court for the District of Columbia today upheld two challenged portions of the National Credit Union Administration's field of membership rule and struck down two provisions in a lawsuit filed against the agency.
CUNA encouraged the Federal Housing Finance Administration Wednesday to continue to work towards finding the right balance between safety and soundness and credit availability for consumers, in response to an RFI on credit score requirements.