WASHINGTON—The Federal Housing Finance Agency (FHFA) has announced a strategic plan that seeks to provide a framework for how the agency will prepare the government-sponsored enterprises (GSEs) – Fannie Mae and Freddie Mac – to be released from conservatorship.
VIENNA, Va.--For the second year, Navy Federal Credit Union has been ranked No. 1 among U.S. companies in KPMG’s 2019 U.S. Customer Experience Excellence Report.
ONTARIO, Calif.–Lending technology development company CU Direct has acquired CU Direct Connect of Colorado (CUDC).
WASHINGTON—The House has passed two bills related to financial inclusion and the Bank Secrecy Act (BSA)/anti-money laundering (AML) regime: The Financial Inclusion in Banking Act (H.R. 4067), and the COUNTER Act (H.R. 2514) as a standalone bill.
WASHINGTON—Department of Housing and Urban Development (HUD) Secretary Ben Carson announced the agency has reached an agreement with the Department of Justice (DOJ) to clarify and reduce penalties for underwriting errors on mortgage loans made through the Federal Housing Administration (FHA).
WASHINGTON—The Federal Reserve has released a new white paper on synthetic identity fraud in the U.S. payments system and how financial institutions can detect potential scams to prevent financial losses.
WASHINGTON—In its most recently released supervisory highlights, the CFPB is highlighting issues with consumer report information related to accuracy and dispute handling.
NEW YORK—American Express, Discover, Mastercard and Visa announced they have launched what the group is calling a “faster, more secure online checkout” system.
WASHINGTON—The Federal Housing Finance Agency (FHFA) has added Chinese-language documents to its Mortgage Translations clearinghouse, a collection of translated documents and tools for lenders, servicers, housing counselors, and others to assist borrowers with limited English proficiency through the homebuying process.
LEWISTON, Maine–Lewis Clark Credit Union has bought the rights to an upper level information technology lab of the Lewis-Clark State College’s Schweitzer Career and Technical Education Center.
