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CU System Briefs (12/12/2013)
  • BIRMINGHAM, Ala., and TALLAHASSEE, Fla. (12/12/13)--Credit union industry veteran Lisa Burroughs was hired as senior vice president of strategy and business operations with the League of Southeastern Credit Unions and Affiliates' service corporation. Burroughs' appointment was announced last week by the league. She was the chief operations officer at Michigan Schools and Government CU, based in Clinton Township, Mich., and worked there for 13 years before joining LEVERAGE, the LSCU Service Corp. Over the past two decades, Burroughs has served as vice president of marketing and president for credit unions with assets ranging from $60 million to the $1.3 billion-asset MSGCU. Burroughs also has served as president of Parkside CU, based in Livonia, Mich., and is a Certified Credit Union Executive and a Certified Financial Services Professional ...
  • WASHINGTON (12/12/13)--Federal Housing Finance Agency Deputy Director of the Office of Conservatorship Operations Jeffrey Spohn is set to retire next month. The announcement was made Wednesday by FHFA Acting Director Ed DeMarco. The agency will assimilate two offices that manage conservatorship-related matters into a new Division of Conservatorship. The agency said that the new combined division will be led by current Office of Strategic Initiatives Deputy Director Wanda DeLeo, who formerly oversaw strategic planning related to the future of housing finance and enterprise conservatorships. Spohn has led the Office of Conservatorship Operations since it was created in September 2008. In his role, he collaborated with FHFA, and Fannie Mae and Freddie Mac executives, the agency said, "on all matters relating to the conservatorships, including the management of business settlements on pre-conservatorship matters such as representations and warranties." ...
  • WASHINGTON (12/12/13)--Emerging risks and recent regulatory changes will be two topics taken on when the Federal Reserve hosts a free one-hour webinar today. The webinar, "Consumer Compliance Hot Topics--2013 Year in Review," is scheduled to begin at 2 p.m. (ET). The presentation will include a question and answer segment. ...


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