Community CU leader returns compliments to Lawyers Alliance for New York in enabling small CUs to negotiate federal program.
An inspector general would have oversight of the new $30 billion Small Business Lending Fund if a bill with that proposal becomes law.
A Members Group white paper, Missouri reaccreditation and the CDFI Fund all made news this week.
The Senate Appropriations Committee appears to have left the budget of the CDFI fund intact.
Fannie Mae and Freddie Mac should eventually be abolished and the government should cut back its role in the housing market while financial institutions should hold more capital.
Fannie Mae and Freddie Mac should eventually be abolished and the government should cut back its role in the housing market while financial institutions should hold more capital, according to a report issued today by Treasury and HUD.
In a Jan. 31 letter to Rep. Randy Neugebauer (R-Texas), Elizabeth Warren revealed that the current plan calls for the Consumer Financial Protection Bureau to have six primary divisions.
CUNA has informed the U.S. Treasury Department that credit unions believe the federal government has a "very important but targeted" role in the secondary mortgage market going forward.
The U.S. Treasury Department's Community Development Capital Initiative drew a charge of political tampering last week from an economist who has often been critical of programs related to the Troubled Asset Relief Program.
A professor of finance who has specialized in studying the Troubled Asset Relief Program has alleged political influence played a role in deciding which credit unions received funds under a U.S. Treasury Department program.