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2014 News

  • Bloomberg: FHFA plans single bond sales report (July 30, 2014) Topics: Daily News
    Bloomberg reports that the Federal Housing Finance Agency is planning to release a report on its goal to have government-sponsored enterprises Fannie Mae and Freddie Mac issue a single set of home-loan bonds.
  • Bynum urges more CDFI funding (July 30, 2014) Topics: Daily News
    Bill Bynum, CEO of the NAFCU member Hope Federal Credit Union of Jackson, Miss., urged increased funding for the Treasury Community Development Financial Institutions Fund in a hearing Tuesday by the congressional Joint Economic Committee.
  • Castro sworn in as HUD secretary (July 30, 2014) Topics: Daily News
    Julián Castro was sworn in as secretary of the Department of Housing and Urban Development Monday. He was confirmed by the Senate earlier this month in a vote of 71-26.
  • CFPB: $92M in debt relief for servicemembers (July 30, 2014) Topics: Daily News
    CFPB, with 13 state attorneys general, won about $92 million in debt relief for servicemembers and other consumers harmed by the predatory lending scheme of Colfax Capital Corporation and Culver Capital, LLC, also collectively known as Rome Finance.
  • Congress eyes 'too big to fail,' CFPB discrimination claims (July 30, 2014) Topics: Daily News
    NAFCU will be monitoring congressional hearings this week dealing with "too big to fail," financial products available to students and the ongoing discussions of discrimination and retaliation claims, with CFPB Director Richard Cordray slated to testify.