IRVINE, Calif.—Home prices nationwide, including distressed sales, increased by 6.5% in June 2015 compared with the same period one year earlier, according to CoreLogic’s June Home Price Index.
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WASHINGTON–With payday lenders expanding into the installment lending, a new report from the National Consumer Law Center has found that state laws “vary greatly” when it comes to protections for borrowers from unaffordable rates on longer term loans, credit cards and open-end credit.
BOSTON—A new study indicates that demand for corporate mobile banking is rising fast.
WASHINGTON—As CUToday.info reported here, in a comment letter sent to NCUA CUNA put an emphasis on an overhaul of the agency’s rules for CU bylaws as part of comment on the one-third of NCUA rules that are up for review each year.
WASHINGTON—In separate comment letters filed with NCUA on Monday, NAFCU and CUNA are pressing the agency to improve its rules around bylaws.
CHICAGO—Alliant Credit Union has increased the rate it pays on its savings accounts for the third time in the past year—another sign that FIs are preparing for rising rates.
WASHINGTON–Americans’ personal income increased $68.1 billion, or 0.4%, and disposable personal income (DPI) increased $60.6 billion, or 0.5%, in June, according to new data released by the Bureau of Economic Analysis.
NEW YORK–The FBI is warning that numerous financial services providers continue to face a wide variety of distributed-denial-of-service (DDoS) and data breach extortion attempts.
WASHINGTON—CUNA this week plans to ask NCUA to address the Telephone Consumer Protection Act of 1991 in an effort to help CUs more effectively communicate with their members.
ARLINGTON, Va.–NAFCU has launched a new Compliance Cyber Café newsletter, which it says offers a collection of the latest cyber developments and related items from the perspective of a compliance officer.