WASHINGTON—The Federal Housing Finance Agency (FHFA) said Fannie Mae will now consider rental payment history in its risk-assessment processes.
Fresh Today
WASHINGTON—America’s credit unions vehemently opposed any regulation or legislation that would impact the operation of credit or debit cards, CUNA stated in a letter to the Federal Reserve.
WASHINGTON–The Independent Community Bankers of America (ICBA) said the Federal Reserve Board should not update debit card interchange regulations without first fully analyzing the effects of the proposed changes on consumers and financial institutions.
WASHINGTON–President Biden’s nomination of NCUA Chairman Todd Harper to a full six-year term on the agency’s board has now gone to the Senate for its consideration.
ALEXANDRIA, Va.–NCUA said it will host a webinar focused on what it said is the importance of supplier diversity.
MIDDLETOWN, Penn.–Amid what was described as “fierce competition,” Vizo Financial Corporate CU reported it raised $10,000 though its eighth annual Hot Dog Eating Contest.
WASHINGTON – The Federal Financial Institutions Examination Council (FFIEC), which is currently chaired by NCUA Chairman Todd Harper, has issued guidance that provides financial institutions with examples of effective authentication and access risk management principles and practices for customers, employees, and third parties accessing digital banking services and information systems.
WASHINGTON—Representatives from CUNA and the state leagues, as well as credit union leaders. walked young professionals through the ins and outs of being an advocate during CUNA’s Young Professionals Advocacy Workshop, according to the trade group.
EAU CLAIRE, Wis.—In what has been a busy week, another credit union is buying a bank outside its home state.
ALEXANDRIA, Va.–Congratulating NCUA on reducing its total NCUSIF and operating expenses by more than $65 million during 2020, one analyst said the “million-dollar question now is whether the exam efficiencies and exam oversight improvements can be sustained.