Tag Archives: Credit Unions

Four U.S. Congressmen have introduced the bipatisan Credit Union Residential Loan Parity Act. If passed into law, how will this bill impact the housing industry?

The chief of the National Association of Federal Credit Unions has asked Congress to keep certain principles in mind while drafting a plan to overhaul Fannie Mae and Freddie Mac.

First mortgage origination was a major driver of growth at credit unions in the third quarter, according to analysis.

A survey of banks and credit unions showed that despite rising regulatory pressures, regulatory compliance and risk management concerns are actually declining.

Credit unions are expected to top double-digit loan growth for the ninth consecutive quarter, largely due to an increase in mortgage originations.

CFPB Director Richard Cordray responded to a letter from a group bipartisan group of 70 U.S. Senators asking the Bureau to exempt the community banks and credit unions from certain regulations.

A spike in first mortgages helped to push credit union loan balances up to a record high in the second quarter.

A new study has found that they will likely be the key driver and the target market for sustained loan growth at credit unions—and a main driver of that growth has been mortgages.

Post-crisis Wall Street reform actions were aimed at preventing larger banks from engaging in risky financial practices. How have smaller institutions been affected?

A few months ago, three-quarters of the U.S. House of Representatives urged the CFPB to exempt credit unions from its rulemakings. Now, a majority of U.S. Senators are petitioning the Bureau.