Good morning. The Senate banking committee yesterday held a hearing yesterday titled, “Principles of Housing Finance Reform.” Video from the hearing is available on the Senate’s website. Both the House and Senate are in session today. Here are this morning’s headlines:

The New York Credit Union Association—through its partnership with the Credit Union Webinar Network—will offer a number of webinars in July – CU Webinar Network

CUNA Mutual Group has released its June Credit Union Trends Report, compiled with data from April – CUNA Mutual Group

CU Direct, a strategic partner of the Association, is hosting its annual Automotive Lending Summit Sept. 19-20 at Foxwoods Resort & Casino in Connecticut – The Point

CUNA Mutual Group’s senior consultant for risk and compliance, Robert Jarosinksi, believes this year could set a record for fraud – CU Times 

Two senators are working on a bipartisan plan to overhaul Fannie Mae and Freddie Mac, including breaking up the giant mortgage finance companies that are currently operating under U.S. conservatorship – CUToday

Despite having cyberweapons stolen from its arsenal twice in the last month, the National Security Agency has remained silent on recent attacks – New York Times

Consumers are now rating their satisfaction with direct banks like Capital One 360 and Discover Financial Services’ Discover Bank unit higher than traditional banks – American Banker

Uber and Lyft legally began driving passengers around Thursday after being licensed by the state Department of Motor Vehicles on Wednesday – Times Union

The state Department of Financial Services clarified that state chartered credit unions can operate temporary facilities without first applying for permission from the DFS – New York’s State of Mind