Fresh Today

Fresh Today

WASHINGTON–CUNA has joined with more than 20 other trade groups, including the American Bankers Association, in a joint letter to the CFPB urging it to retain its Qualified Mortgage (QM) safe harbor and product features, but remove the debt-to-income (DTI) requirement for prime and near-prime loans when the government-sponsored enterprises’ (GSEs) "patch" expires.

WASHINGTON—While failing to “meet expectations,” the 130,000 job gains reported during August are “still a solid report overall,” with both the labor force participation and prime-age employment having shown improvements, according to NAFCU Chief Economist and Vice President of Research Curt Long.

WASHINGTON–The head of Treasury’s Office of Cybersecurity and Critical Infrastructure Protection told credit unions here when it comes to cybersecurity there is one area where many organizations, including credit unions, often come up short.

WASHINGTON–Two Capitol Hill staffers and two members of NAFCU’s legislative team offered insights into everything from the general vibe in Washington to what works best when meeting with reps on Capitol Hill to the actual likelihood of GSE reform.