Fresh Today

Fresh Today

WASHINGTON—The CFPB is expected to release its proposal on debt collection in conjunction with a July 28 field hearing in Sacramento, Calif., reported CUNA, which noted that the trade association has met with the bureau several times to address the forthcoming rulemaking.

BELFAST, Ireland–A man who went from doing time in prison for alleged acts of terror in Northern Ireland to renouncing violence and helping lead historic peace talks shared with credit unions the lessons he has learned—and offered thoughts on what might be ahead.

BIRMINGHAM, Ala.–EPL, the software development firm that serves credit unions nationwide, said that Wayne Benson has resigned as chief executive officer of EPL, Inc., effective August 5, 2016.

OLYMPIA, Wash.—The $2.6-million Tulip Cooperative CU here announced that it plans to merge with the $1.1-billion Harborstone CU, based in Lakewood, Wash. The merger is expected to be completed by Sept. 1, pending approval from state regulators and NCUA.

CHICAGO/MILL VALLEY, Calif.– The Mortgage Partnership Finance (MPF) Program and Redwood Trust, Inc. have announced increased loan limits on mortgage loans for the MPF Direct product, which will become effective during the third quarter of 2016.

OVERLAND PARK, Kan. — CU Capital Market Solutions, LLC has announced the asset purchase of CNBS, LLC. The 25-year-old CNBS originated as a CUSO of U.S. Central Credit Union in the late 1980’s, primarily to provide brokerage services to credit unions.