If passed, the law would adjust the definition of points and fees under the Truth in Lending Act.
Proposal requiring member FIs to maintain 10% of assets in residential mortgages is unpopular.
In a consolidating industry, regulatory relief is a necessity, NAFCU leader urges.
Credit unions are already preparing to grow loan portfolio revenue in 2015.
The loss of more credit unions is at stake if regulatory burdens do not ease up.
Credit unions anticipate robust loan growth in 2015. Auto and home equity lending drum up the most demand.
Sen. Elizabeth Warren (D-Mass.) grills FHFA Director Mel Watt during a Senate Banking Committee hearing.
Credit unions are well positioned as Republicans prepare to lead the next Congress.
Golden State credit union leaders gather in Los Angeles this week for their league's annual meeting and convention.
Credit union experts agree with Lennar CEO, who says borrowers find underwriting scary and invasive.