FHFA appraisal bias reporting found inadequate
The Federal Housing Finance Agency (FHFA) does not report evidence of appraisal bias to the appropriate state agencies, those that both license appraisers and could sanction them, the agency’s ...
The latest from John Pettit
23 thoughts for 2023
Every year, I update these thoughts. Rest assured; I write this as much for myself than anyone else. In a few short days, we’ll pass into a new year. ...
Core elements that contribute to credit union asset growth
Regardless of the organization you’re talking about, all credit unions operate with the same basic goal in mind: to serve their members. To do this as effectively as possible, ...
Rebranding your credit union: Is the juice worth the squeeze?
The credit union landscape has changed substantially over the last eighty-plus years. Once, tens of thousands of credit unions stood, each serving a unique and specific population within their communities. ...
4 things leaders should zero in on in 2023
2022 comes to a close this weekend and while planning for the year to come is an exciting task, there is an overwhelming amount of information out there about creating ...
CFPB raises HMDA, Reg Z thresholds for 2023
The CFPB has finalized annual changes to asset-size exemption thresholds under the Home Mortgage Disclosure Act (HMDA) and Regulation Z based on the 8.6 percent increase in the average ...
A time to reflect
It’s the last edition of the year. A time to reflect. This year I am reflecting on the history of the credit union movement. In particular how the cooperative ...
Cybersecurity tip: Update your software
Cybersecurity must be a major part of an organization’s business plan and strategy, no matter its size. It is one of the most critical areas of focus for financial ...