WASHINGTON—The Consumer Financial Protection Bureau Thursday outlined proposals under consideration that would overhaul the debt collection market by capping collector contact attempts and by helping to ensure that companies collect the correct debt.
Fresh Today
WASHINGTON—More credit unions may be become plaintiffs in the lawsuit against Wendy’s over losses related to the fast food chain’s data breach last fall.
DETROIT–Credit unions have been enjoying robust auto lending for several years, but what might lie ahead is difficult to determine given two different outlooks by two different manufactures.
WASHINGTON–Mortgage apps were down 11.2% last week over the previous week, when mortgage apps were also down.
PHILADELPHIA–The ribbon was cut here yesterday on a credit union-funded Health and Wellness Garden at the Nicholas and Athena Karabots Pediatric Care Center.
HAUPPAUGE, N.Y.—GrooveCar announced that its dealership clients will be able to submit credit applications to their connected credit unions via the Dealertrack Credit Application Network.
WASHINGTON—As expected the Federal Reserve’s Open Market Committee opted not to move on rates, leaving the federal funds target rate unchanged at a range of 0.25 to 0.5%.
ANCHORAGE, Alaska–A former employee of Credit Union 1 here has been charged in federal court with embezzling more than $100,000.
ONTARIO, Calif.–A webcast on how credit unions are performing in all areas of the auto lending marketplace that will be hosted by CU Direct has been announced for Thursday, Aug. 4.
CARBONDALE, Ill.—SIU Credit Union has named a new president with a familiar last name.