WASHINGTON – The CFPB has taken action against Citibank for student loan servicing failures that harmed borrowers, the Bureau said
Fresh Today
WASHINGTON — Jerome H. Powell, who will most likely become the new Federal Reserve chairman following a confirmation vote, indicated during testimony before Congress that he plans few changes in how the Fed operates.
WASHINGTON–With Sen. Elizabeth Warren (D-MA) speaking out against Mick Mulvaney’s role as both director of the CFPB and head of the Office of Management and Budget, the man who is now filling both of those jobs is saying it’s not an issue.
WASHINGTON—Rep. Bill Posey (R-FL) has introduced a bill that would repeal the NCUA's risk-based capital rule (RBC), which is set to go into effect Jan. 1, 2019.
IRVINE, Calif.––Another indicator of how robust the housing market has become: Home prices in 20 U.S. cities rose in September by the most in more than three years, according to the latest S&P CoreLogic Case-Shiller data.
ALBANY, N.Y.–The New York State Department of Financial Services has entered into a consent order with United Nations FCU and two other companies for offering, marketing and underwriting an unlicensed credit and debit card-based life insurance program for UNFCU members.
ALEXANDRIA, Va.–Twenty-three federally insured, low-income credit unions in 17 states have been awarded $536,000 in grants to support outreach to underserved members, NCUA said.
WASHINGTON—The Federal Housing Finance Agency has announced its maximum conforming loan limits for mortgages acquired by government-sponsored enterprises Fannie Made and Freddie Mac will increase in 2018 to a level of $453,100, up from $424,100 in 2017.
NEW YORK—Thanksgiving online retail sales hit nearly $3 billion on the back of strong mobile growth.
WASHINGTON—CUNA said that it is continuing its advocacy push and nationwide grassroots support for the bipartisan Senate regulatory relief bill leading up to the Senate Banking Committee’s markup of the bill, which began earlier this week.