New York Credit Union Association President/CEO William J. Mellin recently submitted a letter to the CFPB commenting on a proposal to raise the Home Mortgage Disclosure Act compliance threshold, and an Advanced Notice of Proposed Rulemaking examining a reduction in the number of discretionary data points that the CFPB requires mortgage lenders to collect.
Continue reading “Mellin comments on CFPB’s HMDA proposal, ANPR”
In recognition of Cybersecurity Awareness Month, the Federal Financial Institutions Examination Council will host a webinar to explore current trends in email compromise fraud. The webinar is scheduled for 1 p.m. on Oct. 23.
Continue reading “FFIEC hosting webinar on rising email compromise fraud schemes”
New York’s credit unions have a long, established history of helping consumers, but the taxi medallion crisis is threatening that hard-earned reputation, New York Credit Union Association President/CEO William J. Mellin explained in a recent letter to NCUA Chairman Rodney Hood.
Continue reading “Mellin to NCUA’s Hood: Consider CU reputation when dealing with medallion loans”
The deadline for federally insured, low-income credit unions that want to become certified Community Development Financial Institutions to apply for qualification through the NCUA’s streamlined CDFI certification process is Nov. 30.
Continue reading “Deadline for NCUA’s streamlined CDFI application is Nov. 30”
NCUA Chairman Rodney Hood yesterday released a six-month progress report on his efforts since he took office.
Continue reading “Rodney Hood, NCUA board chairman, releases agency progress report”
