The Federal Housing Administration has announced new flexibility for lenders when qualifying borrowers who experienced previous employment gaps or loss of income due to the COVID-19 pandemic.
In July 2021, the NCUA announced the implementation of Phase 1 of its phased approach to returning to onsite operations in Letter to Credit Unions, 21-CU-06.
Based on new guidance from the Centers for Disease Control and Prevention and the Safer Federal Workforce Task Force, National Credit Union Administration announced resumption of its onsite operations beginning April 11, 2022.
Disaster Recovery Site Location Resource - view a list of credit union core processors and locations on the CU Statistics & Reports page (League members only)
Amplify CU Example Pandemic Plan - Thank
you to our friends at Amplify CU for sharing their excellent COVID-19
plan document so that other credit unions might benefit.