The latest from John Pettit

- by Keith Schostag, NAFCU Compliance Blog

CFPB takes action on CARES Act forbearance violation

As some of you may know, in early 2020, Congress passed the  Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Under the CARES Act, borrowers with federally backed mortgage ...

- by CUNA News

CDFI Fund should simplify report requirements, align deadlines

CUNA joined other community development organizations in a letter to Treasury’s Community Development Financial Institutions (CDFI) Fund calling simplified reporting requirements. The comments were sent in response to a ...

- by Anne Holtzman, CU Management

How to manage the spike in uninsured collateral risk

It’s no secret that economic turbulence is impacting both borrowers’ financial lives and credit unions’ portfolios. A perfect storm has been brewing since 2020, and it’s the convergence ...

- by Lesley Sears, CUES Blog

Purposeful Talent Development: Closing skills gaps

Gaps in a person’s teeth are readily apparent. Closing them is a straightforward task for a good orthodontist. In contrast, gaps in the knowledge, skills and abilities of a ...

- by Kristen Jason and Jenn Markus, Alacriti

Help for the holidays—from chatbots

The holidays bring on a flurry of activity for most businesses every year. Even with the potential of a recession looming over us, there seems to be little to no ...