Key issues remain on the agenda as the Oregon Legislature nears the end of a short session, but one bill of interest to credit unions — dealing with possessory liens — has already passed both the House and Senate.
For just the second time in the state’s history, the Oregon Legislature will meet for a short session this year. The tight timeline means many bills could fall by the wayside, but the NWCUA is still keeping an eye on legislation that could impact credit unions.
The Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac are issuing new guidelines to their mortgage servicers to standardize short sale practices that will go into effect Nov. 1.
Your weekly update on the regulatory landscape.