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The ICBA is running an anti-credit union campaign that is gaining some traction in Congress.
The study finds the median interest-rate spread for CU mortgages was 9 to 14 BPS lower than other mortgage originators.
NCUA board member J. Mark McWatters says the NCUA couldn't wait any longer to sell the loans in order to protect the Share Insurance Fund.
The agency began the loan sales process in Sept. 2019, according to a "Frequently Asked Questions" document released by the NCUA Wednesday night.
Members of the New York Taxi Workers Alliance have indicated to CU Times they will once again attend the board meeting.
"Treating all financial services entities as the same often results in outsized compliance burden for community-based financial institutions."
Credit union leaders find the timing of the paper's release suspicious as GAC begins this weekend.
"The lack of segregation of duties at CBS allowed the former CEO to both perpetrate and conceal the fraud."
Diversity and inclusion standards should not be uniformly applied at financial institutions, as CUNA has adopted diversity and inclusion as a core set of principles.
The NCUA is considering increasing the threshold of residential purchases that would require an appraisal from $250,000 to $400,000.