Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WASHINGTON — The Community Financial Services Association of America hailed a Sept. 4 report from the Government Accountability Office that found some of the Department of Defense’s initial report conclusions lacking evidence (see related story, page 1-60-61).

The 2006 National Defense Authorization Act required the DoD to report on certain mandated issues, including the prevalence and effects of predatory lending, and make legislative and regulatory recommendations. “DoD issued a report on predatory lending that addressed the mandated issues, but it contained limited support for some of its findings and recommendations,” a GAO summary of the report stated. The GAO is the apolitical research arm of Congress.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Dig Deeper


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.