The House Banking Committee focused on oversight and trying to undo or modify some of President Obama’s initiatives while the Senate Banking Committee focused on less sweeping efforts in 2011.
I am writing in response to both your article on TDR reporting (Nov. 2, page 1) and Michael Poulos’ response (Nov. 23, page 15). I wanted to offer some opinions on how to improve on a few of the issues imposed by TDR reporting and tracking.
Credit union CEO met with several committee staff members last Friday to discuss her nomination, according to several sources.
When it comes to the status of Carla Decker’s nomination to the NCUA board, on Capitol Hill and at the White House the silence has been deafening.
Financial services sources say Obama administration is "trying to save her."
Agency has District Government Employees FCU rated a CAMEL 3 and subject of document of resoution and letter of understanding.
Senate Banking Committee is expected to hold a hearing on Carla Decker’s nomination to the NCUA Board on Nov. 17, industry sources said.
The African American Credit Union Coalition also supports new NCUA Board Nominee.
Reaction from around the industry has been highly mixed. In general, a great diversity of thinking exists across the industry as to what’s important and relevant. That’s good. In formulating your own opinions, there are several pieces to consider.
Credit unions by and large have been seen as the good guys in the ongoing housing finance crisis. In general, more conservative underwriting prevented most credit unions from making the mortgage loans that were most likely to wind up delinquent.