The Credit Union Policy Podcast

The Best of Berger: A Fond Farewell to Dan Berger Dec 20, 2023

Join NAFCU President & CEO Dan Berger, ahead of the transformation to America’s Credit Unions, as he looks back on his time at NAFCU, the moments that shaped his experience, and lessons learned during his tenure.

Key Takeaways:

Gain valuable insights into important qualities of a strong credit union leader;
Learn about the biggest risk areas facing credit unions in the years to come; and
Reminisce with Dan Berger as he prepares to leave the helm of NAFCU.

Dan Berger first joined NAFCU in 2006 and helped turn the association into the premiere advocate for the credit union industry. Since becoming president and CEO in 2013, Berger, who is also an author, economist, and one of Washington's top lobbyists, is credited with bringing national attention to key policy issues, while ensuring NAFCU's members meet policymakers at the highest levels of government.

A well-known figure with political and financial press, Berger has been listed as one of the most influential lobbyists in Washington by The Hill newspaper every year since 2002. He is a recurring guest on Fox Business and has appeared on CNBC and CNN. He is also regularly quoted in national and financial news outlets such as Forbes, the Wall Street Journal, The Washington Post and Bloomberg.

Berger is an outdoor enthusiast and enjoys spending time with his wife, Aimee, and daughter, Shelby.

Navigating Field of Membership with NCUA Vice Chairman Kyle Hauptman Dec 13, 2023

Join NCUA Vice Chairman Kyle Hauptman for a deep dive into field of membership, including a recent proposed rule regarding survivorship, the federal charter versus state charters, digital banking and FOM, and how innovation may drive further changes to FOM.

Key Takeaways:

Hear an update on the NCUA’s recent rulemaking to revise the Chartering and Field of Membership Manual;
Learn about Vice Chairman Hauptman’s perspectives on ensuring the federal charter keeps pace with state chartering rules; and
Understand how the agency is thinking about innovation and helping credit unions to attract younger members.

Kyle S. Hauptman was nominated to serve on the NCUA Board on June 15, 2020. The U.S. Senate confirmed him on December 2, 2020, and he was sworn in as a member of the NCUA Board on December 14, 2020. The NCUA Board approved his designation as Vice Chairman of the NCUA on December 18, 2020. Prior to his joining the NCUA Board, Mr. Hauptman served as Senator Tom Cotton’s (R-Arkansas) advisor on economic policy, as well as Staff Director of the Senate Banking Committee’s Subcommittee on Economic Policy.

Unlocking Financial Innovation: NCUA's New Rule Explained Nov 15, 2023

Join Brian Lauer, partner with the law firm of Messick Lauer & Smith P.C. and General Counsel to the National Association of Credit Union Service Organizations (NACUSO), for a deep dive into the National Credit Union Administration’s (NCUA) recent final rule on financial innovation. This rule revised Parts 701 and 714 of the NCUA’s regulations regarding the purchase of loan participations and the purchase, sale, and pledge of eligible obligations and other loans. The final rule offered greater flexibility for federally insured credit unions to take advantage of new technology partnerships with fintechs. NAFCU has strongly supported more opportunities for credit unions to develop strategic partnerships to provide more and improved products and services to members.

Key Takeaways:

Understand what the rule does and does not do, the impetus behind the rule, and what it could mean for your credit union;
Hear expert analysis on the rule’s underwriting requirements and how that fits with the use of automated technologies like artificial intelligence and machine learning; and
Learn about additional potential areas for improvement to the NCUA’s regulations to facilitate even more credit union partnerships to help you grow your business.

Brian G. Lauer is a partner with the law firm of Messick Lauer & Smith P.C. and General Counsel to NACUSO, where he concentrates his practice on assisting credit unions, primarily through CUSOs, in finding effective ways to work collaboratively with other credit unions and third-party service providers to serve their members with non-traditional products and services. Brian also assists credit unions and CUSOs navigate the sea of regulations affecting nearly every aspect of their day-to-day operations. Brian has assisted countless CUSOs with developing strategic visions, goals and plans to generate growth organically and through acquisition and authored the book “CUSOs: How Credit Unions and Entrepreneurs Can Get Started (And Win) with Credit Union Service Organizations.”

Navigating Mortgage Tech Trends with Jason Cave Oct 25, 2023

Join Jason Cave, Deputy Director and Head of Fintech Strategy at the Federal Housing Finance Agency (FHFA), for a discussion of the agency’s recent Velocity TechSprint, the focus of the Office of Financial Technology, and trends in the use of technology in the mortgage lending and servicing space.

Key Takeaways:

Hear about the outcomes of the FHFA’s recent TechSprint, which focused on the impacts of data digitization in mortgage lending.
Learn about the changing mortgage market, including the increasing role of non-depository institutions.
Discover perspectives on the continued evolution of the mortgage market as more technology is incorporated.

Jason Cave is the Deputy Director and Head of Fintech Strategy at the Federal Housing Finance Agency (FHFA). In addition to overseeing the Agency’s Fintech Strategy and Innovation program, Cave is responsible for managing the Conservatorship and Readiness program governing Fannie Mae and Freddie Mac and the UMBS. Before joining FHFA, Cave spent 27 years in executive roles at the Federal Deposit Insurance Corporation (FDIC), including serving as Senior Advisor to Chairmans Bair and Gruenberg and managing large bank supervision and capital markets programs. Cave has actively participated in developing international policy standards as a member of the Basel Committee on Banking Supervision, where he negotiated the post-crisis reform package known as Basel III. Cave also served as the FDIC executive representative on the FSOC Deputies Committee, responsible for establishing standards for nonbank institutions.

Funding Frameworks: Analyzing the CFPB v. CFSA Oral Argument Oct 06, 2023

Join Jennifer Mascott, Assistant Professor of Law and Co-Director of The C. Boyden Gray Center for the Study of the Administrative State at the George Mason University Antonin Scalia Law School, to breakdown the oral argument before the Supreme Court in the case of Consumer Financial Protection Bureau v. Community Financial Services Association of America. The Court heard arguments regarding the Constitutionality of the CFPB’s funding structure. Hear insights about the most relevant arguments and questions from both parties and the Justices.

Key Takeaways:

Learn about the most critical issues for the Court to resolve in this important case.
Understand the nuances of the challenge regarding the Appropriations Clause of the U.S. Constitution.
Discover expert insights on what we can glean from the Justices’ questions and parties’ arguments.

Jennifer Mascott is Assistant Professor of Law and Co-Director of The C. Boyden Gray Center for the Study of the Administrative State at the Antonin Scalia Law School. Professor Mascott writes in the areas of administrative and constitutional law and the separation of powers, and she serves as a Supreme Court contributor for NBC News. Read full bio.

Women Leading with Grace: CEO Charlotte Nemec's Trailblazing Journey Sep 27, 2023

Join Charlotte Nemec, President and CEO of Canopy Credit Union in Spokane, Washington, and recent winner of NAFCU’s CEO of the Year award, for a discussion about women in leadership. Learn about some of the challenges Nemec has encountered and how she’s found inspiration and balance in her leadership journey.

Key Takeaways:

Hear about Nemec’s experience and leadership trajectory in the credit union industry.
Dive into the unique challenges that women in leadership face, especially those at a smaller credit union.

Discover key insights for successful leadership strategies.

Charlotte Nemec began her career in the credit union industry in 1995 and currently serves as President/CEO of Canopy Credit Union (Spokane, WA). Nemec is passionate about the success of her team, Canopy’s members and the community. Canopy is a designated Community Development Financial Institution that strives to create a happier and healthier community through financial inclusion. Nemec is well known in the credit union community for her insightful, authentic approach to leadership and was named NAFCU CEO of the Year in 2023. She is supported by her husband, daughter and the team at Canopy Credit Union.

Labor & Employment Law Issues Facing Your Credit Union with Victor Cardwell Sep 08, 2023

Join Victor Cardwell, Principal and Chairman at the law firm of Woods Rogers Vandeventer Black PLC, as he discusses top labor and employment law issues your credit union should be aware of. Cardwell dives into unionization efforts, leave and flexible work policies, the importance of diversity, equity, and inclusion (DEI) policies, and what you should know about affirmative action plan requirements from the Department of Labor.

Key Takeaways:

Understand the basics of unionization efforts, meeting employees’ needs, and how flexible work policies can impact your ability to attract and retain talent.

Dive into the importance of DEI in recruitment and retention, the hiring process, and succession planning.
Learn about the Department of Labor’s rules regarding affirmative action programs and why your credit union must have one in place.

Victor Cardwell is co-chair of Woods Rogers Vandeventer Black’s (WRVB) Labor & Employment practice group, as well as a Principal and Chairman of the WRVB Board of Directors. He practices labor and employment law throughout the U.S., focusing on diversity, the Fair Labor Standards Act, labor/management relations, and workplace violence. Victor has significant experience before state and federal courts and administrative agencies. He offers counsel and training to executives and human resources managers on a wide range of employer concerns: harassment, sexual orientation and gender identity issues, retaliation, discrimination, wage and hour compliance, health and disability, discipline, discharge, and more. Additionally, Victor is the Immediate Past President of the Virginia Bar Association and serves on the Virginia State Bar’s Board of Governors for its Diversity Conference. He was named to the Roanoke Law Foundation Fellows Program in 2018. Learn more about Victor.

Credit Score Competition with VantageScore’s Tony Hutchinson Aug 16, 2023

Join VantageScore’s Senior Vice President of Industry & Government Relations for a discussion about credit scores, the Federal Housing Finance Agency’s (FHFA) initiative to validate and incorporate new credit score models and credit report requirements into the housing finance market, and what to expect from this shift.

Key Takeaways:

Discover the history of introducing alternative credit score models and credit report requirements into the housing finance market and the FHFA’s rulemaking.

Understand the potential benefits and concerns of these new credit score and credit report requirements.
Learn about the implementation timeline for these changes and strategies to help your credit union prepare.

Anthony Hutchinson is the Senior Vice President of Industry and Government Relations at VantageScore. He has helped shape public policies critical to the housing industry, including the Dodd-Frank Financial Reform Law, and the subsequent Qualified Mortgage (QM) and Qualified Residential Mortgage (QRM) rulings, which ensured that homeownership remained affordable and accessible for all qualified homebuyers. Learn more about Anthony.

The Future of the Credit Union Movement with Jim Nussle Aug 10, 2023

Join Jim Nussle, President & CEO of the Credit Union National Association (CUNA) for this special edition episode diving into the proposed CUNA-NAFCU merger and Nussle’s vision for America’s Credit Unions under his leadership. Also hear Nussle’s perspective on key policy topics including legislative and regulatory threats to non-interest income, issues related to liquidity and interest rate risk, as well as how credit unions should be thinking about climate-change risk.

Key Takeaways:

Learn more about the proposed CUNA-NAFCU merger and the benefits of the associations merging.
Hear about Nussle’s vision for the new merged association—America’s Credit Unions – under his leadership as President and CEO.
Dive into policy issues including interchange fees, “junk fees”, liquidity and interest rate risk, and climate-related risk.

Jim Nussle has served as President and CEO of the Credit Union National Association (CUNA) since 2014, where he leads the organization’s advocacy efforts on behalf of credit unions and their 137 million members. Nussle served in the U.S. House of Representatives from 1991-2007 as a Representative from the State of Iowa. From 2001-2006, he served as chairman of the House Budget Committee. In 2007, President George W. Bush nominated him as the 36th director of Office of Management and Budget. Nussle and his wife, Karen, live in Wisconsin and have two adult children.

State Versus Federal Advocacy Priorities with Carrie Hunt Jul 19, 2023

Join Carrie Hunt, President and CEO of the Virginia Credit Union League, for a discussion about state versus federal advocacy and policy priorities from state regulators and lawmakers versus the federal level. Dive into specific issue areas including data privacy and data security, employment law concerns, and litigation trends.

Key Takeaways:

Learn the biggest differences between advocating on the state level versus federal level.
Hear about the latest litigation trends on the state level and how these issues may work their way up through the federal court system.
Compare the top issues for state regulators and lawmakers versus federal regulators and lawmakers.

Carrie Hunt is a longtime advocate for credit unions and a lifelong member. She leads the Virginia Credit Union League's efforts to promote credit union success through advocacy, business forward solutions and collaboration. Carrie believes that credit unions provide the absolute best in financial services and works with the team at the league to help credit unions help their members. Goal-oriented and results-focused, she is passionate about credit union success. Learn more about Carrie.

Going Green — The Greenhouse Gas Reduction Fund w/ Cathie Mahon and Creighton Blackwell Jun 28, 2023

Join Cathie Mahon, President & CEO of Inclusiv, and Creighton Blackwell, Chief Community and Public Affairs Officer at Coastal Credit Union, for a discussion about the Environmental Protection Agency’s Greenhouse Gas Reduction (GHGR) Fund, how credit unions can get involved in the program, and why it is important to be thinking about climate change and ways to expand green lending options for your members and communities.

Key Takeaways:

Learn about the GHGR Fund and how NAFCU, Inclusiv, and other credit union groups have been working to ensure credit unions are included in the program;
Understand the current state of credit union green lending and how the opportunities from GHGR Fund have the potential to improve members’ lives and strengthen communities; and
Discover how you can get involved with other credit unions to apply for a grant opportunity.

Cathie Mahon has led Inclusiv since 2012, overseeing a period of dramatic growth and expansion of the organization and network. She is committed to the Inclusiv mission of promoting financial inclusion and building more inclusive economies through community owned and controlled financial institutions. Learn more about Cathie.

Creighton P. Blackwell is an accomplished, award-winning, dynamic executive who has served as a community and business leader for over 28 years on a local and national level. He currently serves as the Chief Community & Public Affairs Officer (CCPAO) after successfully holding the position of Chief Culture and Impact Officer, Vice President of Corporate Affairs and Community Engagement and VP of Retail Banking at Coastal Credit Union. Learn more about Creighton.

The Payments System – Fraud Risks and Emerging Opportunities May 31, 2023

Join José Resendiz, Chief Operating Officer at Early Warning Services (EWS), for a discussion about the history and growth of Zelle and its use among credit unions. Regarding reports of increased fraud on peer-to-peer payment (P2P) platforms, Resendiz outlines potential sources of this fraud and strategies to eliminate fraud in the payments system.

Key Takeaways:

Understand credit unions’ engagement with the Zelle Network and how this has evolved over time.

Learn about the perceived rise in fraud in P2P payments and ways that all parties can work together to eliminate fraud.
The current state of the payments system and the future of P2P payments with the launch of FedNow this summer.

José Resendiz serves as Chief Operating Officer at Early Warning, the fintech company owned by seven of the country's leading banks. In this role he guides the company’s operations and strategy and leads the teams that bring it to life, including those responsible for corporate development, customer implementation and support, consumer and client servicing and fraud risk management.

Prior to joining Early Warning in 2021, José served as Executive Vice President – Global Head of New Ventures at Banco Santander. There, he led corporate strategy, emerging technologies, and the customer experience. He has two decades of business experience, 15 of which have been product-focused, at Intuit, Digital Insight and NCR.

José holds a Bachelor of Science degree from Stanford University in Management Science and Engineering.

Top Advocacy Concerns and Industry Trends with NAFCU President & CEO Dan Berger May 10, 2023

Join NAFCU’s President and CEO, Dan Berger, for an in-depth discussion of the top issues and questions facing the credit union industry today. Learn how your participation and feedback to NAFCU’s advocacy teams can provide invaluable ammunition to engage with regulators and lawmakers to encourage helpful clarifications and ensure parity while fighting off burdensome and costly new requirements.

Key Takeaways:

Hear how NAFCU is working to differentiate the credit union industry in light of recent turmoil in the banking sector following the failure of several regional banks.

Learn about NAFCU’s priorities for legislation to provide a framework for digital assets, including stablecoins.
Get the inside scoop on NAFCU’s approach to responding to the Consumer Financial Protection Bureau’s efforts and continuing to advocate for reform of the Bureau.

Dan Berger first joined NAFCU in 2006 and helped turn the association into the premiere advocate for the credit union industry. Since becoming president and CEO in 2013, Berger, who is also an author, economist, and one of Washington's top lobbyists, is credited with bringing national attention to key policy issues, while ensuring NAFCU's members meet policymakers at the highest levels of government.

A well-known figure with political and financial press, Berger has been listed as one of the most influential lobbyists in Washington by The Hill newspaper every year since 2002. He is a recurring guest on Fox Business and has appeared on CNBC and CNN. He is also regularly quoted in national and financial news outlets such as Forbes, the Wall Street Journal, The Washington Post and Bloomberg.
Berger is an outdoor enthusiast and enjoys spending time with his wife, Aimee, and daughter, Shelby.

Compliance Risk Areas – Fraud in Focus with Dustin DeVore Apr 19, 2023

Join Dustin DeVore, an attorney with Kaufman & Canoles and Chair of their Credit Union team, to discuss the industry's top compliance risk areas today. A recent rise in fraud, especially since the start of the pandemic, has put focus on old and new schemes by fraudsters. Learn how you can protect your credit union and your members.

Key Takeaways:

Hear about top compliance concerns from an industry expert.
Discover the latest in overdraft and NSF lawsuits.
Understand the newest fraud trends related to P2P payment platforms, wire fraud, and elder abuse.

Dustin is a Member in the Kaufman & Canoles Williamsburg office with a diverse commercial and real estate practice representing businesses, real estate developers and individuals. Dustin is Chair of the firm’s Lender Representation Practice Group as well as Chair of the firm’s Credit Union team and works closely with a number of credit unions on regulatory and lending issues and has extensive experience with loan workouts.

How Did We Avoid a COVID Mortgage Meltdown? with former FHFA Director Dr. Mark Calabria Mar 29, 2023

Join Dr. Mark Calabria as he discusses his new book, “Shelter from the Storm: How A COVID Mortgage Meltdown Was Averted.” Dr. Calabria explains the challenges that faced the mortgage markets at the beginning of the pandemic and the careful steps and difficult decisions he had to make while leading the agency. His leadership helped to ensure the safety and soundness of the government-sponsored enterprises (GSEs) and maintain well-functioning markets for mortgage bankers and investors.

Key Takeaways:

Get a peek inside Calabria’s new book, “Shelter from the Storm: How a COVID Mortgage Meltdown Was Averted.”
Learn the details of what happened to mortgage markets in early 2020 and how the FHFA, at the direction of Dr. Calabria, stepped in.

Hear perspectives on the current housing market and what the future may look like for the GSEs.

Dr. Mark A. Calabria is a Senior Advisor to the Cato Institute and author of Shelter from the Storm: How A COVID Mortgage Meltdown Was Averted. He previously served as the Director of the Federal Housing Finance Agency (FHFA), which regulates and supervises Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. Before that, Calabria served as Chief Economist to Vice President Mike Pence. He was a senior aide to the United States Senate Committee on Banking, Housing and Urban Affairs and the Deputy Assistant Secretary for Regulatory Affairs in the Office of Housing at the U.S. Department of Housing and Urban Development.

Focus Areas for CU Leaders with Former Navy FCU Vice Admiral Cutler Dawson Mar 01, 2023

Hear former President and CEO of Navy Federal Credit Union, Vice Admiral Cutler Dawson discuss top industry challenges, reflections on how credit unions are managing the current economic environment and working with regulators, and ways to engage employees to improve your recruitment and retention efforts.

Key Takeaways:

Hear the top legislative and regulatory issues CU leaders should be focused on today.
Discover ways to effectively manage challenging times.
Hear stories and tips for engaging your employees.
Learn effective ways to recruit and retain staff.

Breaking Down Blockchain with Kathy Kraninger Feb 07, 2023

oin former Director of the Consumer Financial Protection Bureau and now Vice President of Regulatory Affairs at Solidus Labs, Kathy Kraninger, for a discussion on blockchain, including questions such as: What is blockchain? How is blockchain currently being used? What should a regulatory framework look like? And how can blockchain be helpful for financial institutions in future use cases?

Key Takeaways:

Understand the basics of blockchain and its various use cases, including cryptocurrency and fractionalized/tokenized real estate transactions.
Learn about the potential for cryptocurrency to facilitate a faster, more secure payments system.
Hear perspectives on the most appropriate regulatory system, including consumer protections, for cryptocurrency.

Bio: Kathleen L. Kraninger:

The Honorable Kathleen L. Kraninger is the Vice President of Regulatory Affairs at Solidus Labs where she leads the firm’s regulatory strategy and works to advance market integrity and responsible innovation in digital asset markets. Solidus Labs is the first automated, comprehensive, and testable market surveillance and risk monitoring hub tailored for digital assets.

Interchange Legislation and Market Competition with Professor Todd Zywicki Jan 17, 2023

Join Professor Todd Zywicki for a discussion of the history of the Durbin Amendment to the Dodd-Frank Act, which established the interchange price caps, the recent Credit Card Competition Act, and an overview of the market for credit cards and consumer payments.

Key Takeaways:

Understand the history and rationale for the interchange price caps, the messaging behind the merchants' advocacy efforts, and what led to the introduction of the Credit Card Competition Act.
Learn about the role of the Federal Reserve’s new final rule on Regulation II debit card routing provisions.

Discover the extent of competition in the credit card market, challenges for issuers and consumers, and ways forward that do not involve increasing burdens on credit card issuers.

Bio: Todd Zywicki

Todd Zywicki is George Mason University Foundation Professor of Law at George Mason University Antonin Scalia School of Law, Research Fellow of the Law & Economics Center, and former Executive Director of the GMU Law and Economics Center.

Exploring NCUA Examinations with Former Executive Director Mark Treichel Dec 27, 2022

Mark Treichel, former NCUA Executive Director and Examiner offers a detailed discussion of the NCUA’s examination process, priorities, modernizations, and recent guidance related to examinations. Plus, he covers what to expect from the agency’s supervisory priorities in 2023.

Key Takeaways:

Hear about recent trends in NCUA examinations.
Understand the impact of the agency’s shift to virtual exams and the future of exams.
Learn about the successes and challenges of implementing the Modern Examination Risk Identification Tool (MERIT).
Gain insight into potential topics on the NCUA’s list of supervisory priorities for 2023.

Mark Treichel is a former NCUA Executive Director and Examiner. He is on a mission to assist credit union CEOs with NCUA, so they save time and money. He also hosts his podcast, “With Flying Colors,” and writes a newsletter on examination-related topics.

Fintech Frenzy—A Discussion with NCUA Board Member Rodney Hood Nov 30, 2022

Join NCUA Board Member Rodney Hood in a discussion about the importance of building strategic partnerships with fintech companies to provide products and services to your member. Explore how the NCUA is thinking about fintech and working to help your credit union incorporate new solutions to grow and remain competitive in today’s rapidly evolving marketplace.

Key Takeaways:

Delve into Board Member Hood’s views on why credit unions cannot ignore fintech
Learn about the plans for NCUA’s new Office of Innovation and Access as well as other initiatives
Examine what types of regulatory clarity may be necessary for fintech-credit union partnerships to thrive

President Donald J. Trump nominated Rodney E. Hood for the NCUA Board on January 19, 2019. The U.S. Senate confirmed him on March 14, 2019, and he was sworn in as the eleventh NCUA Chairman on April 8, 2019. Mr. Hood served as the NCUA’s Chairman until January 25, 2021. As a Board Member, Mr. Hood serves as the NCUA’s representative on the Board of Directors of NeighborWorks America, one of the nation’s leading affordable housing and community development organizations. This is his second time serving as the agency’s representative on the board of NeighborWorks.

Funding Fiasco: The Future of the CFPB Nov 09, 2022

Join John Coleman, Partner at Buckley, LLP and former Deputy General Counsel at the Consumer Financial Protection Bureau (CFPB) for a discussion on the recent decision from the Fifth Circuit Court of Appeals, which held that the CFPB is unconstitutionally funded. John delves into what this decision means for your institution and what to expect next from the CFPB.

Key Takeaways:

Examine the Fifth Circuit’s opinion, including unanswered questions
Explore the potential next steps for the CFPB in appealing the decision
Learn the implications of this decision for the CFPB’s supervisory and enforcement authority
Review the political ramifications of this decision and its aftermath

John R. Coleman (Partner), former Deputy General Counsel of the CFPB, recently joined Buckley LLP after 15 years of federal government service as a litigator and adviser to senior policymakers. He joined the CFPB soon after its creation in 2010 and was involved in every significant litigation matter in the agency’s history prior to his departure. As Deputy General Counsel, he managed a team of attorneys responsible for representing the Bureau in litigation, including appellate matters, and before congressional oversight bodies. He also advised the director and senior officials on legal, policy, and political risks.

Exploring the Risks and Benefits of BNPL Products for Your Credit Union with Paul Davis Oct 19, 2022

Join Paul Davis, Director of Market Intelligence at Strategic Resource Management (SRM) in a discussion about Buy-Now-Pay-Later (BNPL) products and why exploring options to provide a BNPL product may be right for you and your members.

Key Takeaways:

Discover the basics of BNPL and the current market for these products
Explore the risks and benefits of BNPL products
Examine why credit unions should consider developing a BNPL product

Paul Davis is Director of Market Intelligence at Strategic Resource Management, an advisory firm in Memphis. Paul has more than 20 years of experience covering the financial services industry. His background includes SNL Financial, where he was the news director and senior bank reporter, and American Banker, where he spent 11 years as editor of community banking.

Paul formed American Banker’s CEO advisory board and developed a comprehensive social media platform for the Wake Forest University Schools of Business while earning his MBA. Paul has been featured as a speaker at the Federal Reserve, the American Bankers Association and FIS Global, and he has been regularly quoted by Investors Business Daily, NBC and NPR’s Planet Money regarding industry trends.

Climate Change Fears – Assessing Risk in the Housing Market Sep 29, 2022

Join this sit down with Dan Coates, Deputy Director for the Division of Research and Statistics at the Federal Housing Finance Agency (FHFA), the regulator for Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. Dan discusses climate change risk, what it means for the housing finance market, and how the FHFA is managing this evolving issue.

Key Takeaways:

Examine the role of financial regulators, like the FHFA, in addressing climate change risk
Discover how climate change may impact the housing supply and housing finance industry
Explore potential solutions for ensuring the housing sector is equipped to manage climate risk

Dan E. Coates serves as the Deputy Director of the Division of Research and Statistics (DRS) at the Federal Housing Finance Agency (FHFA). He is responsible for using economics, research, and data analytics to enhance FHFA's regulatory policy, supervision, and oversight. Coates previously served as Senior Advisor to the Acting Director. Before becoming a Senior Advisor in the Office of the Director, he served as a Senior Associate Director in FHFA's Division of Bank Regulation, where he led a team of economists and financial analysts.

Discussing A Sticky Issue - Marijuana Banking and the SAFE Banking Act with Representative Perlmutter Sep 08, 2022

Special guest Representative Ed Perlmutter (D-CO) discusses his work on the SAFE Banking Act and the importance of federal clarity for marijuana banking. Rep. Perlmutter also reflects on the role of grassroots advocacy and his time in Congress as his retirement approaches at the end of this year.

Key Takeaways:

Why Rep. Perlmutter has been focused on establishing regulatory clarity for financial institutions that service marijuana-related businesses
How the SAFE Banking Act would resolve current regulatory uncertainty and its chances of passing and being signed into law
The importance of grassroots advocacy in the legislative process

Representative Ed Perlmutter (D-CO)

In the 117th Congress, Ed is proud to serve on four committees in the House: Financial Services; Science, Space and Technology; Rules; and the Select Committee on the Modernization of Congress. On the Financial Services Committee, Ed serves as Chair of the Consumer Protection and Financial Institutions Subcommittee. Ed is also a member of the New Democrat Coalition which is focused on harnessing American ingenuity and innovation to create new jobs, greater economic prosperity and a safer and more secure future for our country.

All Things Appraisals with Freddie Mac’s Scott Reuter Aug 31, 2022

Explore Freddie Mac’s initiatives related to appraisal modernization and eliminating appraisal bias during this in-depth discussion with Scott Reuter, Chief Appraiser and Director of Valuation, Single Family, Mortgage Credit Risk Management, at Freddie Mac.

Key Takeaways:

Examine Freddie Mac’s lessons learned from the pandemic related to appraisal modernization
Review updates to the Uniform Appraisal Dataset (UAD) and appraisal reporting forms
Analyze the benefits and risks of automated valuation models (AVMs)
Explore the impacts of appraisal bias and how the industry can work together to eliminate appraisal valuation gaps

Scott Reuter, Chief Appraiser and Director of Property Valuation, Single-Family Risk Management Division, Freddie Mac

Scott Reuter is a Certified-General Appraiser with 30+ years of experience in valuation, appraisal and collateral risk management concerns. His team leads the effort for ongoing development and refinement of property valuation risk management strategies, underwriting products, and establishing and maintaining a credible quality assurance process across multiple lines of business support.

Our TOPPODCAST Picks

Follow Us

Stay Connected

The Credit Union Policy Podcast

Related Podcasts

Links

Stay Connected