Cyprexx: Discrimination charges “frivolous”

Cyprexx: Discrimination charges “frivolous”

Fannie Mae contractor responds to charges from National Fair Housing Alliance

Hey CNBC, shut up about millennials already

Your advice is patronizing, contradictory and just plain wrong

Morgan Stanley finally pays $275 million for subprime RMBS fraud

SEC charged company with misrepresenting loans

Items Tagged with 'National Association of Federal Credit Unions'


MBA, NAFCU embrace new FHFA direction

Stevens: Shift in focus, new clarity will boost industry
May 13, 2014
The director of the Federal Housing Finance Agency outlined a broad new shift in housing policy in his first major policy speech at the Brookings Institution in Washington on Tuesday, and initial reaction from leaders in the finance industry is positive.
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Why financial data security is the next hot button issue

NAFCU pushes Congress for reforms
January 29, 2014
Data security breaches at Target, Neiman Marcus and other retailers do more than jeopardize the financial well-being of consumers, they also red flag what could very well be the next hot-button banking topic in Congress.
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NAFCU’s Dirty Dozen

Credit Union association outlines 12 goals for 2014
January 20, 2014
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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NAFCU not happy about coming g-rate hike

December 20, 2013
The National Association of Federal Credit Unions is in no uncertain terms opposed to the Federal Housing Finance Agency's move to increase guarantee fees by 10 basis points.
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Credit unions prepare for 2014 growth

Mortgages not likely to be a big part of the surge
December 13, 2013
Consumers will be turning to credit unions more and more in 2014, a new survey of credit union members concluded. But they're not necessarily going for more home mortgages.
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Congress mulls rules to open secondary markets to smaller lenders

Critics worry solution won't be structured to ensure equitable access
November 5, 2013
As regulators consider both transitional and end state housing reforms, panelists argued that the future market needs to provide direct access for small lenders who can take on requisite responsibilities.
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The clock is ticking: New points and fees on mortgages coming soon

October 22, 2013
Dodd-Frank’s ability-to-repay rule strikes the market in January, bringing new standards for calculating points and fees on newly originated mortgages with it. But as with all things coming out of Dodd-Frank, a massive lobbying effort is already underway to change the points and fees standard before it leads to tighter credit and dwindling consumer options.
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Affordability concerns surface in conforming loan limit debate

Industry fears changes could leave borrowers out
October 9, 2013
The Federal Housing Finance Agency is considering a plan to lower the conforming loan limits for loans purchased by Fannie Mae and Freddie Mac. Even in the discussion stage, the plan is facing plenty of resistance.
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President ready to nominate Janet Yellen as Fed Chair

Yellen will be first woman to lead the Federal Reserve
October 9, 2013
And Janet Yellen it is. President Obama is ready to nominate Janet Yellen, the current vice chair of the Federal Reserve Board of Governors, to replace outgoing Fed Chair Ben Bernanke. Legislators reacted to the news Tuesday night.
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Defense credit unions prepare for government shutdown

Establish processes to help servicemembers, civilian military
September 25, 2013
Defense credit unions are working to ensure support programs are available for servicemembers and civilian military staff who may be impacted by a government shut-down.
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