Acting NCUA Chairman J. Mark McWatters is asking the CFPB to use its powers to exempt credit unions from certain agency rules, particularly mortgage reporting requirements.In a Wednesday letter to CFPB Director Richard Cordray, McWatters also asks the agency to issue clear guidance to credit unions concerning the CFPB’s use of its powers to take enforcement actions based on Unfair, Deceptive or Abusive Acts or Practices.“Such regulatory relief would lessen the financial burden on the credit union community, thereby enhancing the capital positions of credit unions and the NCUA’s efforts to ensure the safety and soundness” of the agency’s share insurance fund McWatters stated in his letter.Credit unions have long complained that the CFPB has not used its powers to exempt certain financial institutions from its rulemaking. In October, then-NCUA Chairman Rick Metsger told Cordray that the NCUA, and not the CFPB, should regulate payday lending by credit unions. continue reading » 16SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
In loving memory of Leo Singleton Jr., May 22, 1931 – January 14, 2018.Leo Singleton, Jr., beloved father of Jennifer Lee Singleton of Albuquerque, NM. and endeared uncle of his sister Thelma’s children, grandchildren and great grandchildren.. Loving memories will be held by his many cousins and their families. Leo was preceded in death by his parents Leo Sr. and Mary Singleton and sister Thelma O’Brien.Leo served his country in the United States Air Force during the Korean Conflict and he was also a member of the Free Masons.He attended the Ohio State University where he graduated with a degree in Chemical Engineering. Leo lived a full and colorful life and he was loved by many and will be missed by all. May he rest in peace.Friends will be received Saturday, January 20, 2018, 10:00 am – 12:00 pm at the Beecher Presbyterian Church, 229 Short Street, Lawrenceburg, Indiana.Services will be held at the Church, at 12:00 pm with Pastor Robert Northcutt officiating.Interment will follow in the Stipps Hill Cemetery, Laurel, Indiana. Military graveside services will be conducted by members of local Veterans Service Organizations.Contributions in lieu of flowers may be made to the Beecher Presbyterian Church. If unable to attend services, please call the funeral home office at (812) 926-1450 and we will notify the family of your donation with a card.Visit: www.rullmans.com
1 Gary Rowett Birmingham insist Gary Rowett is staying at the club amid speculation linking their manager with the vacancies at Fulham and QPR.The Blues are currently sixth in the table, while Rowett led them to a 10th-placed finish last season after taking over from Lee Clark in October 2014.The 41-year-old, who also enjoyed success at Burton, is now a wanted man but Birmingham director Panos Pavlakis has issued a statement on behalf of the club’s board confirming they expect Rowett to stay.It read: “Birmingham City Football Club would like to put an end to recent speculation by confirming that Gary Rowett remains as manager.“Gary is fully committed to the Club and likewise the Club is fully committed to him.“We are all keen to put any uncertainty to bed and look forward to the continuation of the great work Gary has done since his appointment.“Fans can rest assured that everyone at the Club is together as one striving for further improvement and success, with Gary at the helm as manager.“The board will continue to fully support Gary in every way it can in trying to restore this great Club of ours to a position where we all want to be.”Rowett himself told talkSPORT last week that he is fully focused on leading Birmingham, and it now appears as though he is staying put.