Credit Union National Association (CUNA) wrote to the House Financial Services Committee (HFSC) in support of legislation what would provide the National Credit Union Administration (NCUA) board the flexibility to increase credit union loan maturity limits. The letter was sent ahead of the HFSC hearing on student loan debt.

The House passed two bills supported by CUNA on appraiser requirements and diversity Tuesday, the Homebuyer Assistance Act of 2019 (H.R. 2852) and the Ensuring Diverse Leadership Act of 2019 (H.R. 281). CUNA wrote in support of both bills when they were passed by the House Financial Services Committee in July.

Credit Union National Association (CUNA) wrote to the Senate Banking Committee ahead of their hearing on housing finance reform. The letter was written following the Administration’s recently released proposal, along with Chairman Mike Crapo’s (R-Idaho) early blueprint for housing finance reform, and outlines features the association believes must be present to ensure a sustainable secondary market.

CUNA Strategic Services (CSS) has named POPi/o as their newest strategic alliance provider. This alliance will provide credit unions a cutting-edge video-banking platform they can leverage to enhance member engagement and service.

Credit Union National Association (CUNA) joined with trade organizations urging the Consumer Financial Protection Bureau (CFPB) to retain its Qualified Mortgage (QM) safe harbor and product features but remove the debt-to-income (DTI) requirement for prime and near-prime loans when the government-sponsored enterprises’ (GSEs).