As a mortgage lender, you are likely aware of the recent decision by the Federal Housing Finance Agency (FHFA) to implement a 0.5 percent adverse market fee on home refinance loans; originally set to begin on Sept. 1, and now delayed to Dec. 1 with certain exemptions...

Throughout the COVID-19 pandemic, credit unions have remained opened as “essential businesses” and continued to serve your communities during this difficult time. A critical component to preventing complete economic collapse has been the Paycheck Protection Program (PPP)...

As credit unions were deemed as “essential businesses” by the Ohio Director of Health’s Stay-at-Home Order and have remained open throughout the COVID-19 state of emergency, it is imperative to ensure protection from frivolous litigation. Senate Bill 308 (and its companion...

As Congress continues to debate a potential stimulus 4 package, we feel that it is critically important to remind them of our policy recommendations, which were compiled after feedback from your fellow credit union leaders. While our previous advocacy efforts resulted in a...

Unnecessary and ambiguous regulations can create a burden for credit unions by pulling them away from focusing on better serving their members. That is why the League went to work to fix the current requirement to provide a debtor written notice before a collection attempt...

The frequency of data breaches and abusive practices of selling consumer data is a top-of-mind concern for credit unions and their members. Hence, the League has worked with State Rep. Brian Baldridge to introduce House Bill 368, which will help reduce the frequency of...

Credit unions play an integral in partnering with law enforcement to prevent money laundering and other financial crimes. Congress can help credit unions be more effective combatting illegal activities by passing H.R. 2513 and S. 2563 which would require corporations and...

In line with the credit union philosophy of "people helping people," House Bill 405 looks to make home adoption more affordable for Ohio families. The bill would create a new state-linked deposit program for adoptions that would be administered by the Treasurer of State's...