Two Calls to Action in Two Weeks is a New Record for Me!
By: Chris Abeel, Vice President, Corporate & Governmental Affairs

The Financial CHOICE Act (H.R. 10) and other potential regulatory relief measures have been center stage for most of us in the credit union movement since the new administration took office. But two congressional appropriations issues related to community development funding surfaced requiring our attention, hence the back-to-back alerts.

Political & Legislative
Foreclosure Filing Surcharge Bill Moving in New Jersey
By: Chris Abeel, Vice President, Corporate & Governmental Affairs

As if foreclosures aren’t already costly enough here in New Jersey, buckle your seat belt because some lawmakers want to tack on an $800 surcharge for each filing, at least for the foreseeable future.

Legislation (A2036; S2344) has begun to move in Trenton to create a Foreclosure Prevention and Neighborhood Stabilization Trust Fund.

Political & Legislative
One Step Closer to Bringing Electronic Lien and Titling to New Jersey
By: Chris Abeel, NJCUL Vice President, Corporate and Governmental Affairs

Almost everything we do today—from paying for a cup of coffee to hailing a “cab” to booking a flight or hotel—has gone digital. These processes are quick and simple. No paperwork, no paper receipts—or statements even.

Political & Legislative