Natural disasters

The House Financial Services Committee will hold eight hearings next month, looking at Wells Fargo's recent consumer protection scandals, a reauthorization of the flood insurance program and more.

Depository mortgage lenders are optimistic the final version of a regulation designed to open up the flood insurance market will make it easier for them to comply with a rule requiring them to accept private carrier policies.

The industry faces a range of risks every day ranging from natural disasters to employee misconduct. Management needs a plan in place for when a problem arises.

The bloc said the company artificially raised interchange fees in Europe; weather changes that increase flood risks may mean defaults on mortgages.

The current deputy secretary of the Department of Housing and Urban Development, Pam Patenaude, will step down in January.

Many credit unions have resumed normal operations, but some institutions locations in nearby Eagle River, closer to the epicenter, need more recovery time.

Most CUs in the Anchorage area were closed Friday as residents and officials evaluated damage to facilities and infrastructure.

The Panama City, Fla.-based institution has given $50 to members impacted by the storm while also providing free gas, Thanksgiving turkeys and more.

Lawmakers have had to extend the program eight times since October 2017, as Congress has been unable to pass broader reforms.

Federal and state regulators Thursday offered a slew of regulatory relief measures to banks and credit unions affected by the disastrous California wildfires.