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News Now

July 30, 2014

House panel members pledge to work for CU parity, also pass reg. relief bill

Washington
The House Financial Services Committee examined a number of regulatory relief bills Tuesday, and of the three supported by CUNA, one was passed and the other two will go to a recorded vote this morning. ReadMore

CUNA to NCUA: Reg reduction for CUs is urgent

Washington
Significant reduction in credit unions' regulatory requirements is urgently needed, CUNA interim President/CEO Bill Hampel said in a letter to National Credit Union Administration Chair Debbie Matz yesterday in advance of the agency's board meeting Thursday. ReadMore

Information is key to disclosure integration, CUNA tells CFPB

Washington
In a stakeholders' check-in meeting on a rule to integrate separate mortgage disclosures rules into a single, more consumer-friendly document, CUNA urged the Consumer Financial Protection Bureau to consider three things with respect to its regulatory implementation. ReadMore

CUNA's Schenk discusses rising consumer confidence on 'TheStreet'

Market
CUNA's interim Chief Economist Mike Schenk appeared on the online investment show "TheStreet" Tuesday to discuss a recent surge in consumer confidence. ReadMore

Fannie, Freddie G-fee comment deadline pushed back to Sept. 8

Washington
September 8 is the new deadline for comments on the Federal Housing Finance Agency's proposed increases to guarantee fees that Fannie Mae and Freddie Mac charge lenders. ReadMore

2014 World Credit Union Conference opens in Australia

CU System
An international flag parade with bearers clad in their national colors can only signal the start of one thing in the credit union world: The start of the year's World Credit Union Conference. ReadMore

Global Women's Leadership Forum speaker: 'People value authenticity'

CU System
The 2014 Global Women's Leadership Forum, held in partnership with Australian Women in Mutuals during World Council of Credit Union's World Credit Union Conference, included research presented by keynote speaker Louise Mahler about strengthening women's verbal and nonverbal communication skills. ReadMore

Moebs study: FIs rethink overdraft, CUs still most reasonable

CU System
Competitive and regulatory pressures are causing financial institutions to rethink their overdraft fee structures. Within an extensive report, the author includes information that describes how credit unions remain the most reasonable financial institutions in forgiving members for overdrafts. ReadMore

CUNA to host Twitter chat to boost CU awareness

CU System
Pull up a chair Thursday for a national conversation about the credit union movement, right from your office or living room. ReadMore
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News Now LiveWire
Positive performance indicators and the potential for rising interest rates in @TheNCUA 's latest economic update. http://t.co/yptPbIGvnU
36 minutes ago
The @CFPB has launched a nationwide effort to provide financial education. http://t.co/sF3FXHpv3k
1 hours ago
See @CUNA's @SchenkMike on TheStreet discussing a new surge consumer confidence http://t.co/SqjarTBLCQ
1 hours ago
.@CFPB pushes back cmmt deadline on proposal to allow consumer narratives in complaints database--now 9/22, was 8/22. http://t.co/mHLlRVjEij
2 hours ago
@FHFA will hold 8/14 outreach in Atlanta for homeowners who still could benefit from the HARP refinance program. More in #NewsNow Thurs.
2 hours ago