8 CU issues worth a second look

In addition to meeting with lawmakers on Capitol Hill, NAFCU’s award-winning advocacy team regularly meets with key regulators and administration officials, and attends events covering critical issues affecting credit unions. See what the industry’s Washington Watchdog has been working on lately.

Qualified mortgages

Today, the association will meet at the Bureau of Consumer Financial Protection to discuss qualified mortgages (QM). Earlier this year, Acting Director Mick Mulvaney indicated that the bureau would review its QM rule as part of efforts to “look at unduly and overly burdensome regulations.” NAFCU in July included making permanent the government-sponsored enterprise (GSE) QM category on its list of priorities for the bureau (read more here).

NAFCU Senior Counsel for Research and Policy Andrew Morris will attend today’s meeting, along with other financial trade groups.


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