SAN FRANCISCO–Social Finance, better known as SoFi, which has made its mark in student lending, is making a big investment in mortgage lending.
Fresh Today
HARTFORD, Conn.—Seventeen attorneys general have filed a motion to intervene in the case of PHH Corporation v. CFPB in order to defend the constitutionality of the Bureau’s structure.
MADISON, Wis.–The Filene Research Institute has released some of the results from its ongoing Non-Citizen Lending Program, one of five programs that are being tested as part of Filene’s “Reaching Minority Households” incubator project.
ARLINGTON, Va.—NCUA is being asked for greater transparency as the agency makes revisions to its Freedom of Information Act (FOIA) regulations.
MADISON, Wis.–CMFG Ventures, LLC, the venture capital entity of CUNA Mutual Group, announced its investment in California-based CUneXus Solutions, a financial technology start-up providing credit unions with mobile marketing technology to quickly and easily offer pre-approval for personalized lending products.
WASHINGTON—While NAFCU President and CEO Dan Berger has congratulated new Federal Communications Commission Chairman Ajit Pai on his appointment, he has also raised the association’s continued concerns about the commission’s order on the Telephone Consumer Protection Act.
WASHINGTON—CUNA has announced the results of its recent board elections.
WYOMISSING, Penn.–Utilities Employees Credit Union is paying a $592,000 Member Loyalty Bonus to members.
DALLAS–PathSoftware, a new highly configurable, cloud-based mortgage loan origination software (LOS) from CalyxSoftware, has announced its integration with Mortgage Guaranty Insurance Corporation (MGIC).
LOS ANGELES–The Fire Family Foundation, which is overseen by Firefighters First Credit Union, is reporting it has dispersed more than $350,000 in assistance to firefighters and fire families in need in 2016. That amount more than doubles the previous year, the Foundation said.