Regulatory & Compliance

WASHINGTON -- Credit unions and their congressional allies are trying to determine their next move after House leaders canceled last week's scheduled vote on the Credit Union Regulatory Relief Act, after an all-out lobbying campaign by the bankers.

WASHINGTON -- Lobbyists for credit unions have strong muscles that they regularly flex successfully during legislative battles, according to a leading political newspaper.

WASHINGTON -- A key House panel; on Thursday passed a measure to create an insurance fund that guarantees up to $300 billion in refinanced mortgages.

WASHINGTON -- A key House panel; on Thursday passed a measure to create an insurance fund that guarantees up to $300 billion in refinanced mortgages.

WASHINGTON -- While efforts to provide regulatory relief for credit unions are stalled in the House, supporters received good news from the Senate on Thursday when Sen. Joseph Lieberman (I-Ct.) introduced the Credit Union Regulatory Improvements Act.

WASHINGTON -- Credit unions could do more to help small businesses attain much-needed capital if Congress let them lend more money, Hawthorne Credit Union President Carl Sorgatz told a House subcommittee Wednesday.

SACRAMENTO, Calif. -- The California State Senate passed a foreclosure relief bill on April 28 (Senate Bill 1137) that backers say has the potential of preventing more than one million troubled homeowners from losing their homes.

WASHINGTON -- This week's decision by House leaders to postpone consideration of the Credit Union Regulatory Relief Act came after banks and credit union waged all-out lobbying campaigns.