CUNA and NAFCU said they are confident the House Financial Services Committee will pass credit union regulatory relief bills considered at the full committee markup Wednesday.
The committee is expected to hold a recorded vote on the measures Thursday.
NAFCU Vice President of Legislative Affairs Brad Thaler said a privacy notice bill would likely pass unanimously, but others may face some opposition. Thaler cited H.R. 685, the Mortgage Choice Act of 2015, H.R. 1408, the Mortgage Servicing Asset Capital Requirements Act of 2015, and H.R. 1529, the Community Institution Mortgage Relief Act of 2015, as the bills that could face challenges.
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