WASHINGTON—Federal authorities have seized a fraudulent cryptocurrency investment domain tied to a major Southeast Asian scam compound, marking one of the first significant enforcement actions by the Justice Department’s newly formed Scam Center Strike Force and underscoring the growing scale of crypto-related fraud targeting Americans.
WASHINGTON—Calling federal scrutiny of credit card rewards “a solution in search of a problem,” the American Bankers Association is urging the CFPB and the Department of Transportation to roll back a series of actions it says improperly target popular rewards programs and risk undermining their future.
MCLEAN, Va.--The 30-year fixed-rate mortgage dropped this week, averaging 6.19%, Freddie Mac reported.
WASHINGTON—Commercial mortgage delinquencies were mixed in the third quarter of 2025, according to the Mortgage Bankers Association’s (MBA) latest Commercial Delinquency Report.
WASHINGTON—A growing number of credit unions are expected to report data breaches in the coming weeks as new details emerge about the ransomware attack on Marquis Software Solutions, a third-party marketing and data-management vendor serving hundreds of financial institutions, according to multiple disclosures and media reports.
WASHINGTON--Credit unions can address housing affordability and supply issues, and America’s Credit Unions shared ways Congress can facilitate these efforts in advance of the House Financial Services Committee’s hearing on reducing government roadblocks to increasing housing supply.
WASHINGTON--America’s Credit Unions President/CEO Scott Simpson reiterated the industry’s people-first cooperative structure and commitment to supporting members’ unique needs in a letter sent to Sens. Elizabeth Warren (D-MA), Richard Blumenthal (D-CT) and Cory Booker (D-NJ) following their outreach to 21 credit unions regarding overdraft or courtesy pay programs.
WASHINGTON—The problem of small credit unions lacking practical access to the Central Liquidity Facility (CLF) was moved back into the spotlight Tuesday as NCUA Chairman Kyle Hauptman acknowledged during a House Financial Services Committee oversight hearing that thousands of CUs remain effectively shut out of the system meant to serve as their emergency backstop.
HARTFORD, Conn.—With CFPB oversight of buy now, pay later lenders effectively dismantled by the Trump Administration, Connecticut Attorney General William Tong is leading a seven-state coalition demanding answers from the nation’s largest BNPL firms.
WASHINGTON—New data from the Conference of State Bank Supervisors (CSBS) provides the strongest evidence yet that federal regulations disproportionately burden the nation’s smallest community banks.
