The House last night passed the Mortgage Reform and Anti-Predatory Lending Act of 2007 (H.R. 3915) with some amendments but not a key one for credit unions.

After taking some time to mull over the provisions of Emergency Home Ownership and Mortgage Equity Protection Act of 2007 (H.R. 3609), CUNA has announced that it could support some "surgical" changes to the bankruptcy code as it applies to the subprime mortgage crisis.

During today's NCUA Board meeting, the agency approved a higher than anticipated budget increase following a new bargaining agreement with the National Treasury Employees Union.

As time on the congressional calendar is slipping away before the Thanksgiving recess, another co-sponsor has been added to the Credit Union Regulatory Improvements Act (H.R. 1537).

NCUA Chairman JoAnn Johnson announced today that Jeremy Carl has been appointed associate director of external affairs.

Congress is giving a bit of recognition to the importance of financial literacy in the conference report on the Head Start for School Readiness Act (H.R. 1429), which re-authorizes the Head Start program.

The House Financial Services Committee reported out a bill that aims to prevent future mortgage-related abuses but has the potential to ensnare credit unions with additional regulatory burdens.

How much can Hillary Clinton help or hurt Democrats in the 2008 election year? Will a Republican presidential candidate emerge to solidify the traditional socially conservative Republicans? Pundits attempted to answer these questions and more during a Power Breakfast hosted by National Journal and CUNA.