IRVINE, Calif.—The foreclosure inventory declined by 23.9% and completed foreclosures declined by 10% compared with February 2015, according to the February 2016 National Foreclosure Report from CoreLogic.
Fresh Today
ALEXANDRIA, Va. –NCUA said it will receive $69.8 million from UBS in damages and interest for claims arising from losses to the former Members United and Southwest corporate credit unions related to purchases of residential mortgage-backed securities.
ALEXANDRIA, Va.—Steve Bosack, the chief of staff to NCUA Chairman Debbie Matz, will become a Special Advisor to Pentagon FCU CEO James Schenck effective May 23. Matz is stepping down as chairman of NCUA on April 30.
NEW YORK—One analyst if forecasting even rougher waters ahead credit unions in New York City and Chicago that make taxi medallion loans.
ATLANTA–FMSI has released its 2016 Retail Branch Lobby Study, including a compilation of detailed lobby performance statistics of more than 780,000 Q3 2015 interactions from financial institutions all across North America
WARRENVILLE, S.C.–The $750-million SRP FCU has named a new CEO to replace Ed Templeton, who will be retiring in July. The credit union said it has selected Harry Gunsallus, EVP with Redstone FCU in Huntsville, Ala., to be CEO.
HERNDON, Va. – In 2015, ACH transaction volume grew to more than 24 billion electronic payments, an increase of 1.3 billion payments or 5.6%, over 2014 volume, according to new statistics released by NACHA—The Electronic Payments Association.
MADISON, Wis.–The CUNA Lending Council has released a new “Financial Flash” titled “Concentration Risk: Guidance on Policy and Metrics” that provides guidance to lenders, helps determine areas of potential concentration risk, and identifies metrics credit unions can use to measure risk and set meaningful limits.
PORTLAND, Maine–The New England Financial Executives Council, a nonprofit professional association for credit union executives in northern New England has announced that its Spring 2016 meeting topics will be:
BIRMINGHAM, Ala./TALLAHASSEE, Fla.—The strategic partnership between the League of Southeastern CUs & Affiliates and the New York Credit Union Association is progressing as planned, reports LSCU.