Existing home sales drop in March after February spike
Existing home sales fell 2.4 percent in March to a seasonally adjusted annual rate of 4.44 million units, a stark contrast to the 14.5 percent rise in February. NAFCU Chief Economist and [...]
Existing home sales fell 2.4 percent in March to a seasonally adjusted annual rate of 4.44 million units, a stark contrast to the 14.5 percent rise in February. NAFCU Chief Economist and [...]
Have you heard of the term “radical optionality”? I only recently learned about this idea in a Harvard Business Review article, where the authors declare companies must become even better and more efficient at developing [...]
The Federal Housing Finance Agency (FHFA) Wednesday announced a proposed rule to formalize many existing practices and programs related to fair housing and fair lending oversight of its regulated entities, including the government-sponsored enterprises (GSEs) [...]
Join Dustin DeVore, an attorney with Kaufman & Canoles and Chair of their Credit Union team, to discuss the industry's top compliance risk areas today. A recent rise in fraud, especially since the start of [...]
As the NCUA Board is set to receive a briefing on federal credit unions’ (FCUs) permissible interest rate ceiling during tomorrow’s meeting, NAFCU President and CEO Dan Berger wrote an open letter to Chairman [...]
Happy Wednesday, Compliance Friends! Today, I’ll be discussing the Controlling the Assault of Non-Solicited Pornography and Marketing Act (the CAN-SPAM Act) and whether credit unions are required to provide an unsubscribe option in emails [...]
As the CFPB moves forward with guidance and rulemakings to limit what it has deemed “junk fees,” including overdraft fees and credit card late fees, Republican members of the Senate Banking Committee wrote to CFPB [...]
The Federal Housing Finance Agency (FHFA) issued a request for comment Friday as it begins a regulatory review. The agency is seeking feedback on how its regulations could be more effective and less burdensome. The [...]
Mergers are becoming more and more common in the credit union industry. However, credit unions should exercise caution when merging, as generally, when credit unions merge, they step into each other’s shoes. This means [...]
On a new episode of SEE YOU LEAD podcast, NAFCU President and CEO Dan Berger joined host Glynn Frechette to talk leadership strategies, culture, employee support, and more. Berger gave insights into his background in [...]
Throughout my journey as a leader, I’ve received so many pieces of advice on how to hire the right person – the person that will go above and beyond for the organization and work well [...]
The U.S. Fourth Circuit Court of Appeals Wednesday upheld a district court’s dismissal of a class action lawsuit related to the Military Lending Act's (MLA) exception for motor vehicles. The appeals court affirmed [...]
A new episode of the “C.U. on the Show” podcast features NAFCU President and CEO Dan Berger as part of the podcast’s “Leadership Month” series. During the episode, host Doug English interviewed Berger [...]
Does your credit union offer small business loans? Perhaps you began serving businesses after the NCUA changed its commercial lending and member business loan rules several years ago, or perhaps the Paycheck Protection Program spurred [...]
NCUA Board Member Rodney Hood is hosting a Credit Union Capital Markets Symposium today at the New York Stock Exchange to share insights on industry hot topics, including liquidity risks, the current interest rate ceiling, [...]