The following is an excerpt from our response to NCUA’s proposed regulation on IRR. While the excerpt focuses on a potential issue with the proposed regulation, it also highlights a concern we have with the way certain policy limits are written that don’t look at the actual risk of an institution. Appropriate Policy Limits Another […]
In a recent issue of the Wall Street Journal, Lewis Ranieri—once known as the father of mortgage finance—said it is time for nontraditional lenders to enter the market, bringing with them a return to subprime lending. Ranieri said “the pendulum has swung too far in the other direction,” meaning that lending standards were once too […]
With fee income under fire, it is becoming more important than ever for credit union boards and managements to be able to articulate their philosophies on fees. Simply saying, “We don’t like to fee our members” is not enough. Most credit unions are already considering, if not implementing, new fees and fee increases—not because they […]
We are interested to find out what credit unions are planning to do in regards to recapitalizing their corporate credit union. Click here to take a 1-question survey and let us know!
