 |
5 join NAFCU Congressional Caucus speaker slate
|
The slate of speakers for NAFCU’s Congressional Caucus has grown by five with the addition of NCUA Board Member Gigi Hyland and four members of Congress involved in issues affecting the nation's financial institutions.
|
|
FTC, NCUA detail risk-based pricing rules
|
Risk-based pricing notice requirements under the Fair and Accurate Credit Transactions Act kick in Jan. 1, and more rulemaking is ahead under the Dodd-Frank Wall Street Reform and Consumer Protection Act, according to speakers in Wednesday’s NAFCU webcast.
|
|
CU consumer credit share drops to 9.48%
|
Consumer borrowing fell at a sharper rate in July than it did the previous month, and credit unions saw their share of the consumer credit market decline 2 basis points to 9.48 percent, the Federal Reserve reported Wednesday.
|
|
Short refinance option available now at FHA
|
Eligible borrowers whose lien holders agree to write off at least 10 percent of the principal on their first mortgages can refinance into new loans insured by the Federal Housing Administration, the Department of Housing and Urban Development announced Wednesday.
|
|
Housing finance on Financial Services agenda
|
Schedules are still in flux, but the future of housing finance is expected to be addressed in hearings this month by the House Financial Services Committee, NAFCU lobbyists have learned.
|
|
Fed sets 2 small-value deposit offerings
|
The Federal Reserve said it is moving forward with small-value offerings of term deposits through its Term Deposit Facility on Oct. 4 and Nov. 29, with additional offerings expected to continue about every other month.
|
