financial reform law

• Tracking Debit Card Interchange Still Confusing for Some

  By David Morrison  |  April 17, 2013

  Just when it might become more important than ever to be able to track the interchange that debit transactions generate for credit unions, many, if not most, may have not begun to uncover their debit programs’ bottom lines.

• GSE Reform Advances

  By David Morrison  |  March 8, 2013

  The Federal Housing Finance Agency, the regulator and manager of government-owned Fannie Mae and Freddie Mac, is poised to start to restructure the secondary mortgage market whether credit unions, banks or legislators are ready or not.

• Debit Card Steering Charge Likely a False Alarm

  By David Morrison  |  December 4, 2011

  A California credit union's concerns that Los Angeles retailers may be steering their members away from using their credit union-issued debit cards appeared unfounded last week.

• QRM Definition Creates CU Apathy

  By David Morrison  |  July 24, 2011

  The definition of what or will not constitute a qualified residential mortgage may be the most important and least appreciated or understood financial regulation facing credit unions this year.

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  Print Preview: CUNA, CUNA Mutual Press Qualified Residential Mortgage Message

  By David Morrison  |  July 22, 2011

  This look at a key Aug. 1 deadline is just one of the articles that will appear in the next edition of Credit Union Times.

• CUNA, CUNA Mutual Seeking More CU Input on QRM Rules

  By David Morrison  |  July 19, 2011

  Executives from CUNA and CUNA Mutual Insurance Group are asking more credit unions to comment on ongoing discussions about the definitions of what will be a qualifying residential mortgage, or QRM.

• Federal Reserve Conference Pulls In Interchange Cap Skeptics

  By David Morrison  |  April 6, 2011

  WASHINGTON — Skeptics dominated a conference on the impact of a proposed cap on debit interchange that was held on the same day Federal Reserve Chairman Ben Bernanke informed Congress that the Fed will miss an April 21 deadline to announce the regulation's final version.

• On-Site Coverage: Interchange Cap Could Retard Electronic Payments System

  By David Morrison  |  March 29, 2011

  WASHINGTON — A former chairman of the President's Council of Economic Advisors under the Clinton Administration likened the proposed cap on debit interchange to “pushing paper mail over email.”

• Gloom and Doom on Interchange

  By David Morrison  |  March 4, 2011

  Credit unions should continue to throw themselves body and soul into fighting a looming cap on debit card interchange, but should do so without any significant expectation that they will succeed.

• On-Site Coverage: CUs Told to Hope for Best, Prepare for Worst on Interchange

  By David Morrison  |  March 1, 2011

  WASHINGTON — Experts familiar with the debit interchange fight urged credit union leaders at CUNA's Governmental Affairs Conference to prepare for the best on the pending rule but prepare for the worst.