Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
House hearings follow July 4 break
WASHINGTON (7/6/11)--With the Senate deciding to cancel its scheduled Independence Day constituent work period and remain in Washington, both bodies of Congress will be in session this week. However, the majority of this week’s action will take place in the House, as the Senate has not added much to the schedule for the week. The biggest action for credit unions will not take place until later in the week, with the House Financial Services Committee’s financial institutions subcommittee and its oversight and investigations subcommittee coming together on Thursday to hold a joint hearing on mortgage servicing. This hearing will focus on federal regulators’ role in settlement negotiations. Mortgage servicing standards are also on the agenda for that meeting. That same financial institutions subcommittee will cover legislative approaches to bank examination practices on Friday. H.R. 1723, the “Common Sense Economic Recovery Act,” which would permit certain loans that would otherwise be treated as non-accrual loans to be designated as accrual loans; and H.R. 2056, a bill to instruct the Federal Deposit Insurance Corp. Inspector General to study the impact on insured depository institutions’ failures. The House earlier in the week will consider H.R. 1309, the Flood Insurance Reform Act, and other legislation.


RSS





print
News Now LiveWire
.@LACULeague in @DailyComet: #creditunions' "old" benefits attractive to new generation http://t.co/AzOv3nB7IB
1 day ago
At @FTC request, court halts operations of an alleged debt-relief scammer calling itself “FTC Credit Solutions.” http://t.co/qMsDBmKExH
1 day ago
.@daytondailynews : The secret is out about #creditunions http://t.co/Aqu3pFTROV @DayAirCU @CODECreditUnion
1 day ago
.@CUNA's @Nussle on @SenatorReid :(2of2)On behalf of more than 102M #CU members,I thank him 4 his leadership over the yrs/wish him the best.
1 day ago
.@CUNA CEO Nussle on Sen. Reid’s decision not 2 seek re-election (1of2): Sen. Reid has a long history of #CU support throughout his career.
1 day ago