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October 2017
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Tis the Season for the Festival of Trees
Wednesday, October 18, 2017 7:00 AM

The Cornerstone Credit Union Foundation invites you to attend the 2017 Festival of Trees Celebration and Auction. The event takes place this year for the first time in Dallas/Fort Worth at the American Airlines CR Smith Museum Nov. 14 from 5:30–8:30 p.m.

In Memoriam: John "Pete" Parsons
Wednesday, October 18, 2017 6:55 AM

Cornerstone has learned that John "Pete" Parsons passed away on Oct. 2. Parsons was a long-time credit union advocate who retired in 1986. He was born in 1928 in Galveston and died peacefully at age 89.

Agencies Issue Temp Exceptions to Appraisal Reqs in Areas Affected by Storms and Flooding Related to Hurricanes Harvey, Irma, and Maria
Wednesday, October 18, 2017 6:50 AM

Responding to widespread damage caused by Hurricanes Harvey, Irma, and Maria, four federal financial institution regulatory agencies took action to facilitate the recovery process by temporarily easing appraisal requirements for real estate-related financial transactions in areas declared to be a major disaster.

CFPB Issues Reference Chart for HMDA Data Collection Points
Wednesday, October 18, 2017 6:45 AM

This week, CFPB published Reportable HMDA Data: A Regulatory and Reporting Overview Reference Chart, a tool for data points required to be collected, recorded, and reported under the Home Mortgage Disclosure Act (HMDA). The chart combines a reportable data chart summary, the filing instructions from the 2018 filing instructions guide, and info on when to report "not applicable."  

Economic Growth Outlook Unchanged Following Recent Hurricanes
Wednesday, October 18, 2017 6:40 AM

The full-year 2017 economic growth forecast remains unchanged at 2.2 percent following expected offsetting hurricane-related impacts to GDP growth in the third and fourth quarters, according to the Fannie Mae Economic & Strategic Research (ESR) Group's October 2017 Economic and Housing Outlook.

Still Time to Register for Marketing & Business Development Conference
Wednesday, October 18, 2017 6:35 AM

Credit Union marketers and business development professionals from all levels and experience are invited and encouraged to attend the Cornerstone Credit Union League’s Marketing and Business Development Conference, this year Oct. 25-27 at the Hilton Houston NASA Clear Lake in Houston, Texas. You still have time to register.