Regulatory & Compliance

WASHINGTON - Saying that credit unions "will be unfairly constrained in their ability to address the challenges that they now face through no fault of their own."

AUSTIN, Texas -- NCUA information security specialists will again hold a panel discussion on compliance examination at the annual gathering of the Credit Union Information Security Professionals Association.

WASHINGTON -- Saying that in light of the financial crisis he must be "proactive rather than reactive,'' NCUA Chairman Michael E. Fryzel

WASHINGTON - Responding to widespread concern that there is not enough capital available to businesses, the three agencies that regulate banks today urged all banks to expedite their lending.

WASHINGTON - HUD today issued long-awaited rules for RESPA reform.

SAN DIEGO - The World Council of Credit Unions will wrap up its fall board meeting here today, concluding a thrice-yearly event in which all 14 members of the board meet together in person.

WASHINGTON - One of the key parts of the government's financial rescue plan-buying troubled assets of financial institutions--has been put on hold, Treasury Secretary Henry Paulson said today.

WASHINGTON - Fannie Mae and Freddie Mac have adopted a mortgage modification program that will speed up loan modifications for troubled loans held by the mortgage finance giants.