Large credit unions and banks may face additional restrictions on executive compensation as a result of regulations that will be issued by the NCUA and other financial regulators.
Environmental professionals who specialize in helping consumers improve their homes' energy efficiency say credit unions have an opportunity to step into a growing market in green finance.
NAFCU's Congressional Caucus gets underway Monday with keynote speaker conservative commentator and former presidential candidate Pat Buchanan. The conference runs through Sept. 22 at the Grand Hyatt in Washington, D.C.
There will likely be another round of place holding and finger pointing on Capitol Hill on Sept. 15 when a House Financial Services Subcommittee opens a hearing on Fannie Mae and Freddie Mac.
Edward DeMarco, acting director of the Federal Housing Finance Agency, Fannie Mae's federal regulator, is among the latest regulators and legislators to agree to speak at NAFCU's 2010 Congressional Caucus.
Because of the risks to safety and soundness caused by some energy efficiency loans, credit unions should make "appropriate adjustments," to their underwriting criteria and collateral monitoring practices.
John Worth, who has extensive experience as a government economist for several agencies, began work yesterday as the NCUA's chief economist.
Because of the risks to safety and soundness caused by some energy efficiency loans, credit unions should make "appropriate adjustments, to their underwriting criteria and collateral monitoring practices."