NCUA Issues Guidance on Lending to the “Removable Population”
In accordance with Executive Order 14406 “Restoring Integrity to America’s Financial System”, the National Credit Union Administration along with fellow agencies the Office of the Comptroller of Currency and the Federal Deposit Insurance Corporation have issued guidance on lending to individuals not legally authorized to work in the United States. CUSO Magazine’s Esteban Camargo reports.
America’s Credit Unions Calls On the NCUA to Provide Regulatory Relief Following New Executive Order
Following the White House’s issuance of the “Promoting Access to Mortgage Credit” Executive Order, America’s Credit Unions is calling on NCUA to begin offering regulatory relief consistent with the Order. CUSO Magazine’s Emily Claus reports.
CDFI Fund Marked Safe From Cuts, Deemed Statutory
After weeks of uncertainty, the Treasury Department has now officially confirmed that all 11 CDFI programs are safe from cuts as they are deemed statutory programs, reports Emily Claus.
