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News Now

December 19, 2014

CUNA hails president's signing of IOLTA

Washington
CUNA hailed President Barack Obama's signing of the Credit Union Share Insurance Fund Parity Act Thursday. ReadMore

CU tax status preservation, reg relief top 2014 CUNA legislative efforts

Washington
CUNA and state credit union leagues spent 2014 advancing a legislative agenda designed to preserve credit unions' tax status and removing regulatory barriers preventing them from serving their members. ReadMore

PALs should be exempt from MLA proposal: NCUA's Matz

Washington
The Department of Defense should exempt National Credit Union Administration Payday Alternative Loans from its Military Lending Act proposal, NCUA Chair Debbie Matz said in a letter filed with the DOD Thursday. ReadMore

NCUA projects no assessment for NCUSIF in 2015

Washington
The National Credit Union Administration is projecting no Temporary Corporate Credit Union Stabilization Fund assessments this year, and "only a possible small premium" for the National Credit Union Share Insurance Fund, according to a letter sent to federally insured credit unions Thursday. ReadMore

CFPB proposes changes to mortgage servicing rules in regs X, Z

Washington
The Consumer Financial Protection Bureau has proposed amendments to its mortgage servicing rules that were first introduced in 2013. ReadMore

Inside Washington (12/19/14)

Washington

WASHINGTON (12 19 14) The Consumer Financial Protection Bureau has sued Texas based Union Workers Credit Services for deceiving consumers into paying fees to sign up for a sham credit

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Maine credit unions put Food Mobile on the road to relieving hunger in rural areas http://t.co/R0xpt6BAZE
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.@TheNCUA's Matz: PALS should be exempt from Military Lending Act proposal #NewsNow http://t.co/Vy9uNhOIEr
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