Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
CUNA monitoring several hearings this week
WASHINGTON (5/20/08)--The Credit Union National Association (CUNA) is following several congressional hearings scheduled for this week that are relevant to credit unions. Today, the Senate Banking Committee is scheduled to hold a confirmation hearing for Steven Preston, who has been nominated by President Bush to be the Secretary of Housing and Urban Development. Preston currently serves as the administrator of the Small Business Administration. The Senate Banking Committee today also is expected to mark up a housing bill that includes significant reform for government-sponsored enterprises (GSEs). CUNA last week wrote a letter to committee head Sen. Christopher Dodd (D-Conn.) regarding the bill (see related story). Other hearings this week:
* The Housing Oversight and Government Reform Committee Wednesday is slated to hold a hearing entitled, “Neighborhoods: The Blameless Victims of the Subprime Mortgage Crisis”; * The House Small Business Committee Thursday is scheduled to hold a hearing on the Real Estate Settlement Procedures Act and its impact on small business; * The House Financial Services Committee Thursday is expected to hold a hearing on the impact of conforming loan limit increases on homebuyers and housing markets; and * The House Financial Services Committee and the House Oversight and Government Reform Committee Thursday is scheduled to hold a joint hearing entitled, “Targeting Federal Aid to Neighborhoods Distressed by the Subprime Mortgage Crisis.”
Other Resources

RSS print
News Now LiveWire
Breaking at #NewsNow: Matz to request revised RBC proposal, new comment period http://t.co/eLtYmzXRWn
16 hours ago
#NewsNow: Oct. 22 webinar will explore role of CDFI #creditunions. http://t.co/op1GV4mrYM
19 hours ago
CFPB announces $10M fine,$27.5M restitution v. Mich.-based Flagstar Bank for allegedly illegally blocking borrowers’ attempts to save homes.
20 hours ago
#NewsNow: Proposed MLA changes could restrict CU payday alternative loans. http://t.co/eKqtyMHD0P
20 hours ago
44 #creditunion professionals earn Development Educators designation #NewsNow http://t.co/GG551ofq31
20 hours ago