Links in “NASCUS”
- NASCUS CEO to Retire
After 21 years, Mary Martha Fortney has announced that sheâs retiring. Fortney is a highly regarded industry advocate who was an early supporter of issues, such as secondary capital, expanded fields of membership and member business lending. Her replacement is expected to be named in Q4Â 2014. [2/24]
- NASCUS Addresses NCUA Concerns on Examinations at Home-Based CUs
Interesting commentary on home-based (actual home) credit unions and how to conduct examinations of these CUs, balancing the need for examiner safety and examination requirements. NASCUS promotes case-by-case approach. [1/27]
- NASCUS Wants in on Stress Testing
NASCUS requests NCUA to refine capital and stress testing practices by increasing covered CUs from $10 to $50 billion (Navy FCU), treat results as confidential and allow state regulator involvement. [1/2]
- NASCUS Fights for Small Lender Market Access
NASCUS submits statement at hearing for housing finance reform urging regulatory coordination and access to secondary market for small lenders noting potential for small credit unions to be effectively locked out from market access thereby stifling opportunity. [12/12]
- NASCUS Advocates for Small Lender Access to Secondary Mortgage Market
Reading/listening between the lines, it seems clear that NASCUS, which focuses on smaller credit unions, would like more coordination with CFPB given the impact of upcoming mortgage regulations on small CUs. At risk is the secondary mortgage market and access for small CUs. [11/13]
- NASCUS Fires Back
Where regulatory turf is at play, there is always a battle. NASCUS takes the charge against NCUA Preemption of State Derivatives issues. Expertise and experience issues raised. [7/29]
