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2011 News

2011 News

• 3Q GDP gets downward revision (December 23, 2011) Topics: Data/Economic Indicators, Daily News
  The latest third-quarter real GDP estimate shows that economic growth was a little slower than previously thought, but NAFCU Chief Economist Tun Wai said there are also some encouraging signs that the recovery is strengthening.
• CU profile seeks data on diversity (December 23, 2011) Topics: Daily News
  NCUA informed credit unions last week of two new sections to its Credit Union Online Profile that will collect minority and diversity information.
• Holiday closings, news break ahead (December 23, 2011) Topics: Daily News
  NAFCU’s offices are closed today through Dec. 26 and will be closed again Dec. 30 through Jan. 2 in observance of the season’s holidays, and our news publications are taking a breather in the interim.
• House to vote on two-month tax cut extension (December 23, 2011) Topics: Daily News
  NAFCU lobbyists expect the House to take up and pass a two-month extension of the payroll tax cut as early as 10 a.m. this morning.
• Hunt warns on alternative servicing structures (December 23, 2011) Topics: Daily News
  NAFCU opposes mortgage-compensation structure alternatives that have been proposed by the Federal Housing Finance Agency and urges that the FHFA maintain the “status quo” until Congress finishes its work on housing finance reform, NAFCU told the FHFA yesterday.