Two senators, two House members and Ginnie Mae executive added to September confab speaker list.
By the time next year rolls around, Truity Credit Union in Bartlesville, Okla., will be ready to comply with new mortgage loan requirements from the Consumer Financial Protection Bureau. Thanks to policies and procedures already in place, the final adjustments won’t likely be traumatic for the credit union.
Day-long virtual conference set for Oct. 1.
BOSTON — The Consumer Financial Protection Bureau’s qualified mortgage rule that limits closing costs to 3% of the loan balance will have such a big impact on Midwestern credit unions, one Minnesota-based executive said he’d lose money if he complied.
Credit union people are an eclectic bunch. I think the importance of the not for profit philosophy contributes to diversity of the characters. When they’re all in one area, such as an exhibit hall at a conference, the variety becomes more pronounced.
Fred Becker's health scare, risk-based net worth rule, impact of merger rule and more ... check out the bottom lines here.
BOSTON — Fred Becker gave his farewell address to NAFCU on Friday as the trade group wrapped up its 46th Annual Conference.
Here are photos from the action on Thursday at NAFCU's 46th Annual Conference in Boston.
BOSTON — Conference attendees hold forth on the tax exemption, director pay and that old time credit union feeling.
BOSTON — Minnesota CEO Jeff Schwalen says he loses money on smaller mortgages because of 3% closing costs limit.