WASHINGTON—NAFCU and other groups have jointly written in support of legislation coming soon from Senate Banking Committee members Tim Scott (R-SC) and Mark Warner (D-VA) to create a mechanism for consideration and review of scoring models for use by lenders selling their loans on the secondary market.
GRAND RAPIDS, Mich.–CU*Answers said it has re-branded its My CU Today product as Analytics Booth.
WASHINGTON–More people are renting than at any other point in the past 50 years.
WASHINGTON—Despite a decline in remittance costs during the last decade, a new analysis indicates that costs are climbing again because of correspondent banking challenges.
MONTGOMERY, Ala.–A former employee of IAM Community Federal Credit Union has pleaded guilty to financial institution theft, including agreeing to pay approximately $1.5 million in restitution.
CLEVELAND – Hyland has announced the addition of three new members elected to its Credit Union Vertical OnBase Group of User Experts (VOGUE), which it said is committed to providing valuable feedback about the essential technology needed to solve financial services industry trends.
WASHINGTON—NAFCU has added to its slate of speakers for its Congressional Caucus Senate Banking Committee member Heidi Heitkamp (D-ND) and several Republican and Democratic members of the House Financial Services Committee
ALEXANDRIA, Va.—NCUA has announced it will host a webinar on its training resources, while also announcing a change in the date of its September board meeting.
WASHINGTON—The Labor Department is seeking input from the public on an appropriate overtime salary threshold as it seeks to revise last year's overtime pay rule.
PHILADELPHIA–LoanStar Technologies has deployed version 3.0 of the MerchantLinQ platform, which it said will allow credit unions to deploy vehicle programs in marine, RV and powersports by connecting directly to borrowers through dealers.
