Bipartisan deal gets CFPB director the job officially while court fight continues and House leader lashes out.
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.
By now, credit union leaders have become accustomed to new regulations coming down the pike. Less awareness exists, however, for the importance of moving early on the steps it takes to comply with these new regulations.
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.
The upper chamber invoked cloture, which limits remaining debate to no more than eight hours, so the final vote is expected soon.
Petraeus to discuss how credit unions can help service members.
Fred Becker's health scare, risk-based net worth rule, impact of merger rule and more ... check out the bottom lines here.
Trade group says it does have some concerns while California Democrat says bill is partisan ideology and another attack on middle class.
Credit union people are an eclectic bunch. When they’re all in one place, variety becomes more pronounced.
BOSTON — Credit unions told why they are better off because of the Consumer Financial Protection Bureau Director.