NY Minute: Friday, May 8

Legislative and regulatory updates from Cuomo, CFPB, NCUA THE NEW YORK MINUTE

NCUA to expand methodology in determining CUs’ low-income designations THE NEW YORK MINUTE 

CFPB issues guidance to small business PPP loan applicants THE NEW YORK MINUTE

A record 20.5 million jobs were lost in April as unemployment rate jumps to 14.7% CNBC

No other way to say it, ‘nasty economic consequences’ coming: CUNA economist CU TIMES

Mortgage lenders tighten screws on U.S. credit in echo of 2008 YAHOO FINANCE

Mortgage rates rise from record lows — and signs are emerging that Americans are preparing to re-enter the home-buying market MARKETWATCH

Savings growth surges, expected to surge more; plus a look at other trendlines CUTODAY

Governor extends Executive Order; IRS issues guidance on checks to deceased persons NEW YORK’S STATE OF MIND