NCUA

Latest developments from the NCUA (National Credit Union Administration), prudential regulator of federal credit unions and savings insurer for members of federal and state credit unions.

CFPB

Biden administration imposes moratorium on regulations

January 21, 2021 0

The new Biden administration instituted a “regulatory freeze” order on Wednesday, requiring that no new rules be proposed or issued until a Biden-appointed official has reviewed or approved the rule. The order also requires that […]

NCUA

NCUA places small IN credit union into conservatorship

January 15, 2021 0

The federal credit union regulator on Thursday said it placed the $6.6 million-in-assets, 1,155-member Indianapolis’ Newspaper Federal Credit Union into conservatorship. “The NCUA placed Indianapolis’ Newspaper Federal Credit Union into conservatorship because of unsafe and […]

NCUA

Mortgage Servicing Assets

January 13, 2021 0

Title: Mortgage Servicing Assets Subject: Investments Agency: NCUA Status: Final rule Summary: The NCUA Board (Board) is issuing a final rule to permit federal credit unions (FCUs) to purchase mortgage servicing assets (MSAs), referred to […]

NCUA

Credit union regulator names deputy CFO

January 12, 2021 0

Melissa M. Lowden will be the federal credit union regulator’s next deputy chief financial officer, effective Jan. 17, the agency said Tuesday. In a release, the National Credit Union Administration (NCUA) said Lowden – who joined […]

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