Regulatory & Compliance

If a credit union or other mortgage lender makes the business decision to only offer qualified mortgages, that fact alone would not increase the likelihood of a fair lending exam.

Gigi Hyland said she looks forward to helping the National Credit Union Foundation further clarify its mission and become an integral part of credit unions ongoing mission to better serve members.

The ongoing fight over federal debit interchange regulations entered its newest round Oct. 21 as the Federal Reserve filed its appeal that seeks to reverse a July 31 District Court decision overturning its current rule.

The NCUA approved 18 mergers across 14 states in September, bringing the total number of consolidations to 190 so far this year, according to the agencys monthly Insurance Activity Report.

New mortgage lending rules from the Consumer Financial Protection Bureau could affect the willingness of credit unions to offer new mortgage loans, a new CUNA survey showed.

The job duties of an NCUA examiner have some similarities to those of Credit Union Times reporters.