Regulatory & Compliance

WASHINGTON -- At a time when the woes of other financial institutions are making lawmakers, regulators and some consumers nervous, CUNA President Dan Mica wrote to all members of Congress about the strong condition of credit unions.

WASHINGTON -- When the heads of 17 trade associations met Wednesday with top Senate Democrats to discuss political and legislative priorities, the credit unions were not represented.

PHILADELPHIA -- The U.S. Third Circuit Court in Philadelphia ruled in the favor of Pennsylvania State Employees Credit Union yesterday on an appeal the credit union made to a breach of contract claim against BJ's and Fifth Third Bank.

WASHINGTON -- In the wake of the severe conditions in the housing market, the Senate late Friday passed a measure aimed at providing relief to those affected by the subprime crisis in part by expanding the availability of government-insured mortgages.

WASHINGTON -- The Senate was scheduled Friday afternoon to resume consideration and possibly vote on a measure that would provide relief to those affected by the subprime crisis in part by expanding the availability of government-insured mortgages.

WASHINGTON -- Sen. Mary Landrieu (D-La.) has become the fifth co-sponsor of a measure that would provide comprehensive regulatory relief to credit unions.

WASHINGTON --Two of the government's top economic policymakers are scheduled to appear on Capitol Hill tomorrow to discuss their views on revamping regulation of financial services.

WASHINGTON -- People weighed down by high medical expenses, the elderly, and those serving in the military could have a better chance of not losing their homes under changes to the bankruptcy laws unveiled today by probable Democratic presidential nominee Sen. Barack Obama.