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The policy comes more than a month after a different agency issued similar guidance for loans backed by Fannie Mae and Freddie Mac.June 4
A unit of the Huntsville, Ala.-based institution has acquired Ben Porter Realty and rebranded the company as Redstone Family Realty.June 4
The Defense Credit Union Council's annual event is the latest to be scuttled due to the coronavirus as state and national groups make conferences virtual.June 4
The longtime CEO of Local Government Credit Union previously served as chairman of the Credit Union National Association.June 4
CEOOak Tree Business Systems, Inc.May 22
Solution sales consultantAdvantEdge AnalyticsMay 15
Managing directorNetSPIMay 13
The agency has freed companies from reporting requirements and provided flexibility on exams to help them deal with COVID-19 fallout. It has also finished other regulatory relief efforts that were in the pipeline before the pandemic hit.
Democrats’ latest proposal to back debt collectors, enable loans for nonprofits and provide other relief could help steer negotiations with the Senate on more stimulus.
The central bank’s programs announced since mid-April in response to the coronavirus outbreak match if not exceed the actions it took during the 2007-9 financial crisis.
The industry has grappled with how to effectively help members and businesses survive the fallout from the pandemic.