The Fed's Board of Governors is publishing a final rule amending the staff commentary that interprets the requirements of Regulation C, Home Mortgage Disclosure. The amendment is designed to increase the asset-size exemption threshold for depository institutions based on the annual percentage change in the Consumer Price Index for Urban...

Unsurprisingly, the National Cooperative Business Association, an organization on record as opposing CU to bank charter conversions, has urged the NCUA to demand a revote.

The National Federation of Community Development Credit Unions wants more credit unions, and community development credit unions in particular, to find more ways to offer mortgages to their members.

Clearly the story of a bank buying (merging) a credit union was the most critical and important issue of 2006, followed closely by the credit union-to-bank conversions. But they are really one story. The economic value of credit unions are at risk from being bought, stolen or raided--internally or externally....

The Fed and the Office of Thrift Supervision have released a revised Consumer Handbook on adjustable-rate mortgages called the CHARM booklet. The new information includes both the features and risks involved with "interest-only" and "payment option" mortgages.

Port Credit Union officially merged with Valley Communities Credit Union on Jan. 1.

In an effort to strengthen company and brand awareness Credit Union Direct Lending has shortened its moniker to the trade name CUDL and revamped both its logo and corporate Web site.

Effective Jan.1, South Texas Healthcare Federal Credit Union merged into UNITED SA Federal Credit Union.