Credit union trade groups reviewing the details; concern is whether strategic defaults would be encouraged.
Because credit unions don’t typically pay for more profitable terms, the rule isn’t expected to have a major impact on the industry.
Mortgage rules expected at Baltimore meeting next week; remittance rules expected to be posted on agency website in weeks to come.
Bank regulator budget compares with 6.1% budget hike for NCUA.
Proposal was part of 5300 Call Report changes but pulled after public comment.
NCUA comment period closed Monday on proposed threshold to be defined as small credit union.
Final liquidity rule not on October agenda for NCUA Board.
Comments from credit unions express concerns about rates, compliance burden as January effective date approaches.
An in-depth look - complete with videos - at the Women to Watch selected for their support of the credit union industry.
CUNA and NAFCU: Regulatory relief proposals from the NCUA Board on Thursday will, in general, benefit credit unions.