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.
Today Credit Union National Association (CUNA) President/CEO Jim Nussle released the following statement after the Consumer Financial Protection Bureau (CFPB) issued a proposed rule on HMDA’s data reporting requirements that would clarify partial exemptions from certain Home Mortgage Disclosure Act (HMDA).
Credit Union National Association (CUNA) continues their efforts to ensure data privacy and security is a top priority for Congress. Ahead of the Senate Committee on Commerce, Science & Transportation hearing today, CUNA sent a letter for the record to advocate for a strong, national data privacy standard.
Credit Union National Association (CUNA) today wrote to the Consumer Financial Protection Bureau (CFPB) urging Director Kathy Kraninger to delegate the supervision of credit unions over $10 billion in assets to the National Credit Union Administration (NCUA).
The 2019-2020 Executive Committee of CUNA HR & Organizational Development Council was officially announced at the council’s annual conference in Anaheim, CA. Lisa Baron, SVP human resources and talent management, Baxter CU, Vernon Hills, Ill., will be stepping down from her position on the executive committee after serving her full two terms including two years as Council chair.
Registration is now live for the CUNA Current Expected Credit Loss (CECL) School, a live training event designed to prepare credit unions for the new Current Expected Credit Loss (CECL) standard going into effect December 15, 2021.
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.