WASHINGTON— A federal court has removed its nationwide injunction on collecting beneficial ownership information, referencing a U.S. Supreme Court ruling in a separate case regarding the constitutionality of the Corporate Transparency Act, the ABA Banking Journal reported.
WASHINGTON—Mortgage applications decreased 6.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 14, 2025.
WASHINGTON—In a letter to the CFPB’s acting director, America’s Credit Unions called for targeted changes to the No-Action Letter (NAL) program while acknowledging how the program bolsters innovative financial services.
ST. PETERSBURG, Fla.—Against the backdrop of a new presidential administration and a flurry of early activity and legislation, consumers began 2025 with strong levels of purchasing activity, despite a drop in confidence and higher-than-forecasted inflation, Velera reported.
WASHINGTON—The Fannie Mae Home Purchase Sentiment Index (HPSI) increased 0.3 points in January to 73.4, bouncing back slightly after falling last month for the first time since July. Year over year, the HPSI is up 2.7 points.
MEMPHIS, Tenn.—The $89-million Shelby County FCU has named Raffael Crockett CEO.
HERSHEY, Pa.—Vizo Financial’s annual Risk Management Conference will take place April 14-16 in Hershey, Pa., at the Hotel Hershey. The focus will be on the “human element,” cyber risks, cannabis banking and more, Vizo stated.
WASHINGTON—The National Cyber Incident Response Plan (NCIRP) should promote a streamlined, non-duplicative framework for credit unions, America’s Credit Unions wrote to the Cybersecurity Infrastructure Security Agency (CISA).
WASHINGTON--Emphasizing the need for stronger partnerships to enhance financial readiness for military personnel, the Defense Credit Union Council sent letters to the Senate Health, Education, Labor & Pensions Committee ahead of the nominations of Lori Chavez-DeRemer for Secretary of Labor and Linda McMahon for Secretary of Education.
ALBANY, N.Y.— A New York senator has introduced a bill to establish a crypto task force to examine the status of cryptocurrencies and other digital currencies in the city, Cointelegraph reported.
