News Archives

Most of your employees are not okay

Most of your employees are not okay

According to data from the U.S. Bureau of Labor Statistics, approximately 40% of U.S. families include children under the age of 18. With employment rates of the heads of households of those families [...]

Proposed GSE refinance fee should be withdrawn

Proposed GSE refinance fee should be withdrawn

CUNA continued its strong opposition to a recently announced Fannie Mae and Freddie Mac fee increase for certain purchased refinanced mortgages. CUNA President/CEO Jim Nussle wrote to Federal Housing Finance Agency (FHFA) Director Mark [...]

NCUA offers guidance for CFPB’s small dollar lending rule

NCUA offers guidance for CFPB’s small dollar lending rule

The NCUA Thursday released a Regulatory Alert for credit unions to provide guidance on the CFPB's Small Dollar Lending Rule. The rule, finalized last month, includes the rescission of mandatory underwriting requirements – including ability-to-repay (ATR) [...]

Relationship building during the pandemic

Relationship building during the pandemic

We are living in some very uncertain times; things are literally changing from minute to minute in our world due to the coronavirus pandemic. It can often feel as though you are not sure which [...]