Housing shouldn’t look at any color but the color of money

Housing shouldn’t look at any color but the color of money

People with bad credit and bad habits should be squeezed out of housing

Who is Nat Hardwick?

Former LandCastle Title CEO owns NASCAR team, rubs elbows with PGA pros

Lawsuit alleges former LandCastle Title CEO embezzled $30 million

Nat Hardwick allegedly used funds for private jets, gambling
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Items Tagged with 'NAFCU'

ARTICLES

NAFCU responds to CFPB remittance transfer rule

Trey Garrison
The National Association of Federal Credit Unions issued the following statement in response to the Consumer Financial Protection Bureau’s announcement Friday that it finalized its remittance transfer rule.
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Could the post office get into the mortgage business?

It’s not as crazy as you might think
Ben Lane

For consumers, having a little more choice in banking wouldn’t be the worst thing in the world. We’ve certainly seen what banks can do when left to their own devices. But on the other hand, it’s not like the post office is a bastion of economic excellence either.


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Financial trades oppose making unvetted CFPB complaints public

MBA, NAFCU say proposal would cause more harm than good
Trey Garrison
Two leading banking trade groups are not pleased with the Consumer Financial Protection Bureau’s proposal to make public unverified consumer complaints against financial institutions.
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Castro’s confirmation as HUD Secretary met with industry approval

President Obama, others praise San Antonio mayor
Ben Lane
"I applaud the bipartisan majority of Senators who today confirmed Julián Castro as our next Secretary of Housing and Urban Development," President Obama said. "Julián is a proven leader, a champion for safe, affordable housing and strong, sustainable neighborhoods."
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Johnson-Crapo reform bill voted to Senate floor

Opponents say GSE reform measure won't go farther
Trey Garrison
The Senate Committee on Banking, Housing, and Urban Affairs put its hand to the future of GSE reform Thursday, voting to report Johnson-Crapo out of committee and to the full Senate.
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NAFCU members see regulatory costs spiking

Half plan to cease non-QM loans, 38% trimming
Trey Garrison

A survey of members of the National Association of Federal Credit Unions finds that while most say credit union lending has improved, new regulations and proposals threaten to increase costs and stall the lending activity growth. 


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7 problems NAFCU, CUNA and ICBA have with Johnson-Crapo

Trade coalition says GSE reform favors big lenders
Trey Garrison
Three financial trade associations have issued a joint letter protesting the direction in housing finance reform as biased in favor of large lenders, and they list seven specific concerns they have about Johnson-Crapo.
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GOP wants CFPB merged with other regulators

Democrats think cost-benefit analysis is 'dangerous'
Trey Garrison
The House Financial Services Committee hearing on the economic consequences of regulatory rulemaking and enforcement got heated because Democrats don't want cost-benefit analysis and Republicans want to merge regulators and bring them under Congressional oversight.
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Flood insurance rate hike delay passes House

House, Senate bills go to conference committee
Trey Garrison
The House on Tuesday evening passed a bill that would delay flood insurance rate hikes and derail reform efforts passed just two years ago with the Biggert-Waters act.
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NAFCU’s Dirty Dozen

Credit Union association outlines 12 goals for 2014
Kerri Ann Panchuk
The National Association of Federal Credit Unions (NAFCU) published a list of what it calls the “Dirty Dozen” — a series of goals that the organization has for 2014. One of them might surprise you.
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