Up to 30 complex federal credit unions (FCUs) will be allowed to engage in investment activities prohibited under portions of federal rules – but permitted by statute – under a pilot program approved Monday by the […]
Three final rules were approved Thursday, by unanimous votes, to authorize federal credit unions’ (FCUs) purchase of mortgage servicing assets (MSAs) from other insured credit unions, create a complex credit union liquidity ratio (CCULR) framework, […]
The federal credit union regulatory agency’s 2022 budget and a final rule on mortgage servicing rights are two of five items slated for consideration by the agency’s board during its open meeting next week. Also […]
A proposal to create the credit union version of the community bank leverage ratio (CBLR) is out for public comment until Oct. 15, according to a notice in the Federal Register Monday. Issued for comment […]
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