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e-Weekly

Financial reform regulation webinar -- August 13
President Obama signed into law sweeping regulatory reform for the financial services industry on July 21, 2010. It is still unclear as to the full effect that this will have on credit unions of any size. To help you understand some of the issues at play, the Association's partner in delivering web-based education will host a 90 minute webinar on Friday, August 13, 2010 at 11:00 a.m. This presentation should help credit unions know what to expect as the resulting new regulations come our way.
CUNA seeks comment on FHA loan insurance changes
The Credit Union National Association (CUNA) has asked credit unions to comment on new credit score requirements imposed by the Department of Housing and Urban Development's (HUD) proposed changes to Federal Housing Administration (FHA) loan insurance standards.
Matz indicates NCUSIF operating level should not drop far below 1.2%
National Credit Union Administration (NCUA) Chairman Debbie Matz recently said that she does not support reducing the normal operating level of the National Credit Union Share Insurance Fund (NCUSIF) more than a few basis points below 1.2%.