“Unprecedented!” “The calm before the storm!” “A source of nervousness!” These were just a few words senior leaders of the credit union movement used to describe the current business environment, which we call “Business As [...]
CUNA wrote Reps. Barry Loudermilk (R-Ga.) and David Scott (D-Ga.) Thursday in support of their legislation that would prevent regulatory penalties for Paycheck Protection Program (PPP) lenders. “For many reasons, including a complex forgiveness process, [...]
Existing-home sales rose 9.4 percent in September to a seasonally-adjusted rate of 6.54 million units, the highest level since May 2006. In a new Macro Data Flash report, NAFCU's Curt Long noted that [...]
Mortgage rates reached record lows due to the COVID-19 pandemic. With interest at a bargain, homeowners are looking to refinance. Refinances accounted for about 65% of all mortgage applications in August, according to the Mortgage [...]
The other day, I was reading through the website of one of Zogo’s partners when a particular quote caught my eye. It read something like this: “As Edward A. Filene, father of the credit [...]
On October 20, 2020 the Consumer Financial Protection Bureau (CFPB) finalized a rule extending the expiration date of certain “temporary” qualified mortgages (QM) also called the government sponsored entity (GSE) patch. This type of QM [...]
What’s been going on this year in the auto lending industry? In this blog post, we’ll take a look at the top five things that have been happening in 2020 in the auto [...]
Last week, I asked you to consider whether your leadership has gone off the rails as you work to guide your organization through the challenges posed by the coronavirus pandemic. It's important for us to [...]
Welcome to the CUInsight Minute, sixty seconds from our Publisher & CEO Lauren Culp with our favorite reads from the week. Mentioned: What’s in your DEI business case? by JILL NOWACKI, HUMANIDEI If your [...]
Halloween. It’s a rad holiday. You get to wear ridiculous costumes and there’s candy. Need I say more? While the 2020 Halloween experience may be a little different (Halloween parties will probably be [...]
Recently on a drive back from New Orleans to South Carolina, I tuned into The Moth Radio Hour. It had been awhile since I had listened, and this particular episode couldn’t have come at [...]
There’s no doubt about it—2020 has been a chaotic year. Businesses and individuals across the country have had to adjust to a barrage of unprecedented circumstances, including a global pandemic, nationwide shelter-in-place orders, [...]
Raising children has always been a community endeavor. As they say, “it takes a village”, and suddenly the village many of us have relied on is gone. It’s taking a toll on our careers, [...]
NCUA board member Todd Harper joined the American Association of Credit Union Leagues’ (AACUL) Regulatory Advocacy/Compliance Advisory Committee Wednesday to discuss credit union policy issues, including responses to the COVID-19 pandemic. AACUL’s Regulatory [...]
After extending some coronavirus pandemic-related loan flexibilities earlier this week, the Federal Housing Finance Agency (FHFA) has now extended its temporary policy allowing the government-sponsored enterprises (GSEs) to purchase certain single-family mortgage loans in forbearance [...]
