The House voted Thursday night in favor of the CUNA-backed bill, the Home Mortgage Disclosure Adjustment Act (H.R. 2954), which would raise the reporting threshold for certain Home Mortgage Disclosure Act requirements.
Reps. Vicente Gonzalez (D-Texas), Tulsi Gabbard (D-Hawaii), Paul Cook (R-Calif.) and Don Young (R-Alaska) introduced a bill today that would exempt loans made to veterans from counting against credit union’s member business lending (MBL) cap.
Credit Union National Association (CUNA) today wrote to the Subcommittee on Consumer Protection and Financial Institutions ahead of their hearing on ways to improve the Community Reinvestment Act’s (CRA) impact on redlining and discrimination.
Congressional activity is on the rise this week as Credit Union National Association (CUNA) spotlights advocacy priorities for America’s 115 million credit union members in three appropriations letters and one resolution letter.
Professionals from credit unions nationwide are now able to register for the new CUNA Asset/Liability Management (ALM) eSchool, designed to prepare attendees to guide their credit union’s risk management strategy.
Today the Senate confirmed Dr. Mark Calabria to serve as the director of the Federal Housing Finance Agency (FHFA). Calabria, who will serve a five-year term, served as the chief economist to Vice President Mike Pence, and previously served as a senior aide on the Senate Banking Committee where he was one of the lead drafters of the Housing and Economic Recovery Act of 2008.
Registration is now open for CUNA Credit Union Finance for Boards & Committees Workshop, October 21-22, 2019 in Phoenix. This workshop is designed for credit union board and committee members to gain a fundamental education in credit union financial concepts, terminology and functions.