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NAFCU lobbyists will be on hand Tuesday as the House Financial Services Committee commences mark-up of about a dozen financial industry regulatory relief bills, at least four of which offer specific relief for credit unions.

The full committee begins its mark-up at 2 p.m. Eastern tomorrow. In particular, NAFCU lobbyists will focus on the following:

• H.R. 3192, the "Homebuyers Assistance Act," which would provide temporary safe harbor from the Truth in Lending Act/Real Estate Settlement Procedures Act integrated disclosure rule;
• H.R. 1941, the "Financial Institutions Examination Fairness and Reform Act," aimed at improving the examination of depository institutions;
• H.R. 1210, the "Portfolio Lending and Mortgage Access Act," to provide a safe harbor from certain qualified mortgage requirements for residential mortgage loans held on a mortgage originator's portfolio; and
• H.R. 766, the "Financial Institutions Customer Protections Act," which would require federal regulators to provide a material reason for ordering financial institutions to terminate account relationships through the Justice Department's "Operation Choke Point" initiative.

This year, NAFCU released revised versions of its five-point plan for regulatory relief as well as its "Dirty Dozen" list of regulations that should be eliminated or amended. NAFCU continues to work with lawmakers and regulators to further credit unions' regulatory relief, and urges its members to contact lawmakers with details of how the regulatory burden affects their credit unions.