WASHINGTON—Fannie Mae and Freddie Mac transferred $18 billion of credit risk on $548 billion of mortgages with an unpaid principal balance to the private sector in 2016, according to a Federal Housing Finance Agency progress report issued Monday on its credit risk transfer program.
ODESSA, Texas—Complex Community FCU’s website was attacked by hackers.
WASHINGTON—NAFCU emphasized the vital role credit unions play in the economic health of local economies in a letter to leaders of the Senate Banking Committee.
CHARLOTTE, N.C.–What is the top U.S. city for Millennial homebuyers?
NEW YORK–The world’s largest banks will save approximately $15 billion by 2019 as the result of adopting cloud-based technologies, cutting their own tech infrastructure costs by 25%, according to a new analysis.
PLYMOUTH, Mich.–Community Financial Credit Union here is providing local residents the chance to give a “Thumbs Up” and $25,000 to their favorite charitable organizations through its “Thumbs Up for Charity!” program.
HAUPPAUGE, N.Y.– A webinar on “The Mobile Experience in Auto Buying” that will cover the purpose of creating a mobile experience, best practices and next-step strategies to implement what has been learned will be hosted by GrooveCar on April 4.
WASHINGTON—One-size-fits-all regulation robs consumers of lending options, CUNA told the House Financial Services Committee’s Subcommittee on Financial Institutions and Consumer Credit Tuesday.
NEW YORK – Financial institutions are wise to offer a mobile deposit solution for businesses, but the “expedient path chosen by most…will likely disappoint,” according to a new report.
GLENDALE, Ariz.–Alaska USA Federal Credit Union has paid $17 million for a two-story, 185,000-square-foot office building here, near where it already has an existing data center and branch and vacant land purchased over the past few several years.
