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July 9, 2014

CUNA's Hampel in The Hill: CUs a good option for anyone

Washington, D.C.-based newspaper The Hill featured an op-ed by CUNA interim President/CEO Bill Hampel that underscored that credit union membership is right for all Americans. ReadMore

NCUA will post recorded Listening Sessions to website

The National Credit Union Administration will begin posting audios of its June 26, July 10 and July 17 Listening Sessions within the next few weeks. Although the forums are open to any topic, the NCUA's risk-based capital proposal dominated the discussion at the June gathering in Los Angeles and promises to do so at the final two sessions. ReadMore

Rep. McHenry requests explanation on RBC proposal

Rep. Patrick McHenry (R-N.C.), chair of the House Financial Services subcommittee on oversight and investigations, has asked National Credit Union Administration Chair Debbie Matz for several clarifications to the agency's risk-based capital proposal. ReadMore

CFPB clarifies mortgage rule for surviving family members

A clarification has been issued to mortgage lending rules that states when a borrower dies, the name of the borrower's heir generally may be added to the mortgage without triggering the Consumer Financial Protection Bureau's ability-to-repay rule. ReadMore

CDFI requests comment on new reporting form

The U.S Department of the Treasury's Community Development Financial Institutions Fund seeks comment on a new reporting form designed to reduce the burden on CDFIs during the recertification process. ReadMore

Spots open for OSCUI training sessions July 23 and 26

The National Credit Union Administration's Office of Small Credit Union Initiatives is hosting two training sessions during the month of July. ReadMore
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