Bill Would Exclude Business Loans to Vets from MBL Cap "Credit News 24"

Legislation (H.R. 3866) was introduced on September 28 to amend the Federal Credit Union Act by excluding extensions of credit made to veter...

Financial Trades Urge Congress Address Bias in CDFI Fund Allocation Process "Credit News 24"

Seven financial trade associations urged lawmakers to include in the upcoming appropriations bill language that would explicitly reaffirm Co...

Trade Groups Support Structural Change in CFPB to Five-Member Commission "Credit News 24"

In a June 22nd joint letter to House and Senate Appropriations Committee leadership, 22 financial and business trade associations supported ...

NCUA Calls on Congress to Give It Regulatory Flexibility "Credit News 24"

In testimony before the Senate Committee on Banking, Housing, and Urban Affairs on June 22, National Credit Union Administration (NCUA) Acti...

HUD Secretary Signals Possible Policy Shift on PACE Loans "Credit News 24"

Housing and Urban Development (HUD) Secretary Ben Carson signaled this week that the administration may revisit an Obama-era policy on Prope...

CU and Bank Trades Call for the Repeal of the Durbin Amendment "Credit News 24"

In a joint op-ed published in Morning Consult, the heads of seven financial trade associations called for the repeal of the Durbin amendment...

Financial and Housing Groups Support Bills Targeting PACE Loans "Credit News 24"

In a joint letter, financial and housing trade associations on April 24 expressed support for legislation to require more consumer disclosur...

Rep. Luetkemeyer Reintroduces CLEARR Act "Credit News 24"

Rep. Blaine Luetkemeyer (R-Mo.) on April 26 re-introduced the CLEARR Act (H.R. 2133), which would provide relief from certain rules and regu...