The NCUA board of directors will hold its monthly board meeting on Thursday, with regulatory relief in response to the COVID-19 pandemic among the items on the agenda. The 10 a.m. meeting is open to the public, however, due to the COVID-19 pandemic, the meeting will be open via live audio webcast only.
In an April 8 letter to financial regulators, Idaho Sen. Mike Crapo, chairman of the U.S. Senate Committee on Banking, Housing and Urban Affairs, said that “more must be done to ensure financial institutions are able to lend to consumers and businesses during the COVID-19 crisis” and urged for additional steps or statutory changes by agencies to promote lending and mitigate the economic impact of COVID-19 for consumers and businesses.
Additional agenda items include:
- Board briefing, Interim Final Rule, Part 725, Central Liquidity Facility;
- Interim Final Rule, Part 722, Real Estate Appraisal Relief; and
- Final Rule, Part 722, Real Estate Appraisal Threshold Levels.
The link and full agenda can be accessed on NCUA’s website.