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ARLINGTON, Va.—While credit unions are confident they'll meet the Jan. 1, 2018, compliance deadline for key changes to reporting requirements under the Home Mortgage Disclosure Act (HMDA), only one-in-10 have received final updates from their vendors to implement the new data points, according to NAFCU's latest Economic & CU Monitor survey report.

Dupont Community CU

Dupont Community Credit Union promotes mortgages.

WASHINGTON—Carl Parks recalls sitting in the office of Trent Lott at the time credit unions were working to rally thousands of supporters to Washington in 1998 to show Congress the big numbers backing HR 1151.

ALEXANDRIA, Va.–The NCUA board has voted 2-0 in favor of closing the Temporary Corporate Credit Union Stabilization Fund (TCCUSF) and merging it into the National Credit Union Share Insurance Fund (NCUSIF), paving the way for credit unions to begin receiving rebates in 2018.