Despite challenges posed by the coronavirus pandemic, NAFCU – as the credit union industry's leading federal advocate – kept in close contact with key decision makers in Washington throughout 2020 to ensure credit unions' voices were heard [...]
New-home sales declined 11 percent from October's downwardly revised rate of 945,000 annualized unites to 841,000 units in November. In a new NAFCU Macro Data Flash report, NAFCU's Nadir Tekarli noted that although [...]
I hope y’all had a very Mele Kalikimaka weekend! To round out the holiday season, this blog will discuss the Seasoned QM portion of the two final CFPB rules amending the ability to repay [...]
President Donald Trump last week vetoed the fiscal year 2021 National Defense Authorization Act (NDAA); however, the House today has scheduled a vote to override the veto, and the Senate is expected to take a [...]
Merry Christmas and Happy Holidays! I'll keep today's message short, but I just wanted to take a minute to thank you for reading the Berger Leadership Blog and using these tips to go out in [...]
Existing-home sales declined 2.5 percent in November to a seasonally-adjusted rate of 6.69 million units, representing a 25.8 percent increase in sales versus a year ago. In a new Macro Data Flash [...]
NAFCU has a new version of its marijuana banking brief available online to provide credit unions with comprehensive updates on IRS guidance, litigation, federal legislative efforts, and state-level marijuana laws. While NAFCU has not and [...]
In an editorial published in American Banker, NAFCU President and CEO Dan Berger pushed back against the American Bankers Association's criticism of the NCUA's new subordinated debt rule. “For those who believe in putting people [...]
Welcome to the shortest day of 2020! Today marks the winter solstice and the beginning of a new season. And speaking of the start of something new, let’s take a quick look at the [...]
The Federal Housing Finance Agency (FHFA) Thursday issued a proposed rulemaking to implement minimum liquidity and funding requirements for the government-sponsored enterprises (GSEs), daily management reporting of the GSEs' liquidity positions, monthly public disclosure reporting [...]
Emotional intelligence (EQ) plays a large role in our professional – and personal – success. We might have the technical skills and knowledge to be good at our jobs, but we also need the "people" skills to [...]
Following Tuesday's meeting with Republican and Democratic congressional leadership, lawmakers are close to sealing a deal on additional coronavirus relief. The proposal is expected to extend the Small Business Administration's (SBA) paycheck protection program (PPP), [...]
House Speaker Nancy Pelosi, D-Calif., Senate Majority Leader Mitch McConnell, R-Ky., House Minority Leader Kevin McCarthy, R-Calif., and Senate Minority Leader Chuck Schumer, D-N.Y., met Tuesday afternoon to discuss federal government funding and coronavirus [...]
On Friday, Congress passed 2021’s National Defense Authorization Act (NDAA). While President Trump has threatened to veto the law, it is believed there may be enough support in congress to override a presidential veto. [...]
In response to the CFPB's outline of proposals to implement section 1071 of the Dodd-Frank Act requiring financial institutions to collect and report data related to small business lending, NAFCU reiterated its call to exclude [...]
