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The path to marijuana banking clarity might not be so straight forward, according to one key lawmaker.
The two trade groups propose specific regulatory changes, several due to the pandemic, that they would like to see adopted.
The bill would provide a flexible source of aid to state housing finance agencies to protect homeowners hurt by the pandemic.
The Notice of Proposed Rulemaking allows federal credit unions to purchase mortgage servicing rights under some conditions.
"CUNA member credit unions continue to be challenged by a slow approval process."
As committee assignments are handed out, credit union leaders should take notice.
The Independent Community Bankers of America says it wants to "restore balance" to American financial services.
In a letter to Harper late last week, CUNA President/CEO Jim Nussle asks the NCUA to take up a list of proposed rules.
"We are planning to rescind public statements conveying a relaxed approach to enforcement of the laws in our care."
Along with the praise comes the criticism of the NCUA and credit union industry at large.