WASHINGTON–Mortgage rates declined last week for the second consecutive week, according to Freddie Mac.
Fresh Today
MADISON, Wis.–The deadline is today for female credit union leaders to apply for a scholarship from the Global Women's Leadership Network to receive complimentary membership to the Network and participate in the 2017 World Credit Union Conference activities and Global Women's Forum in Vienna, Austria on July 22 - 26.
SAGINAW, Michigan—The State of Michigan Department of Insurance and Financial Services Friday liquidated Valley State CU here and named the National Credit Union Administration as liquidating agent, NCUA reported.
ALEXANDRIA, Va.—NCUA has issued two notices of prohibition to individuals who have been convicted of crimes of dishonesty and, as a result, are prohibited from participating in the affairs of any federally insured financial institution.
ONTARIO, Calif.—Leading experts and innovators from the worlds of finance and automotive will speak during CU Direct’s upcoming Drive ’17 Lending Conference.
WASHINGTON—A bipartisan group of 71 House members is urging leaders of the House Appropriations Committee to provide full funding for the Treasury Department's Community Development Financial Institutions Fund program in its fiscal year 2018 appropriations package.
WASHINGTON—Seventeen members of Congress have sent a letter to the House appropriators requesting language on the Consumer Financial Protection Bureau’s exemption authority be included in the fiscal year 2017 Financial Services and General Government (FSGG) Appropriations bill.
WASHINGTON–A new report from the GAO says that privately insured credit unions have largely complied with CFPB disclosure requirements of their status as non-federally insured financial institutions, but the rules for those disclosures should be clarified in guidance from the agency.
MISSOULA, Mont.—Valley FCU here has filed a class action lawsuit against Arby’s over its recent data breach, the second credit union to do so.
WASHINGTON–Mortgage rates have slid to a three-week low, but that hasn’t stopped refinancings from dropping to their lowest point in eight years. According to the Mortgage Bankers Association, the refinance share of mortgage activity last week was down a significant 44% of total applications.