WASHINGTON—The CFPB has released two new Home Mortgage Disclosure Act FAQs in response to questions on reporting requirements for multiple data points, specifically if the information was not the dispositive factor in a credit union.
Fresh Today
LOS ANGELES –A man here has agreed to plead guilty to federal criminal charges that he operated an illegal virtual-currency money services business that exchanged up to $25 million – including on behalf of criminals – through in-person transactions and a network of Bitcoin ATM-type kiosks.
ALEXANDRIA, Va.–The National Association of State Credit Union Supervisors (NASCUS) said it “strongly rejects” a comment made by a member of the NCUA board that suggested banking groups should direct their ire at state regulatory agencies when it comes to field of membership expansions.
WASHINGTON—The Fed’s decision to leave rates unchanged at its meeting this week is an indication the real drivers of the economy’s future are politicians and health officials, according to one analyst.
WASHINGTON—In response to the Office of the Comptroller of the Currency's (OCC) plan to establish a narrow-purpose payments charter, NAFCU and CUNA joined with several other financial services industry trades to caution the agency against introducing risks to the financial system or undermining consumers' trust in their financial institution.
WASHINGTON—The so-called checkmark-shaped economic recovery from the coronavirus pandemic is going to take even longer than many had hoped, according to a new CUNA Economic Update.
WASHINGTON— The Departments of the Army, Navy, and Air Force have announced the winners of their respective 2019 Distinguished Credit Union of the Year awards.
WASHINGTON–A number of trade groups, including the American Bankers Association, have sent a letter to the Senate Committee on Banking, Housing and Urban Affairs urging it to pass H.R. 5084, the “Improving Corporate Governance through Diversity Act of 2019,” which the House of Representatives passed in November 2019.
TAMPA, Fla.—Trellance, a provider of data analytics, business intelligence and professional services, has unveiled what it is calling the “most significant product release” of its M360 data analytics platform.
PONTIAC, Mich.––Michigan Legacy Credit Union is reporting a surge in online traffic and it has now rolled out a number of solutions to better enable its members to conduct non-cash transactions without entering any of its branches.