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WASHINGTON—NAFCU and CUNA have sent a number of comment letters on issues that include remittance transfers under the EFT Act, proposals related to TILA/RESPA, and concerns over multi-lender pools.

WASHINGTON—CFPB Director Kathy Kraninger indicated in a letter to lawmakers last week that the Bureau plans to extend the Ability to Repay/Qualified Mortgage rule’s exemption for loans eligible for purchase by the government sponsored enterprises (GSE) from its 43 debt-to-income (DTI) cap, an exemption commonly referred to as the GSE Patch. NAFCU has joined with eight other trade groups to urge the Bureau to continue using a modified DTI ratio and suggest changes to Appendix Q.

ST. LOUIS– Are college degrees worth it? And which offer the best ROI? The two questions are critical to credit unions and their members as both lenders and borrowers, and a new analysis offers some lessons.

OAKLAND, Calif.–What would happen if a consumer’s financial institution closed the local branch? Just one-third of Americans say they would be “inconvenienced” by such a closure, according to a new survey that shows the ongoing shift from physical to digital-only mobile banking apps.

MILWAUKEE – La Macchia Group has announced a new president, a new CFO and a long-term succession plan for the design-build company.

BRUNSWICK, Maine – A long-serving CU president has retired, while in another state two CUs have nearly completed their merger.