WASHINGTON—After strong pushback from credit unions and their trade groups, the CFPB has announced it will consider “good faith efforts” by credit unions to comply with the new integrated mortgage disclosures rule set to take effect Aug.1 under the Truth in Lending Act and Real Estate Settlement Procedures Act (TILA/RESPA).
PLANO, Texas—Credit union CEOs are feeling less certain about their own institutions’ current financial condition than they have since 2008, according to Catalyst Corporate Federal Credit Union’s First Quarter 2015 Credit Union CEO Confidence Survey.
IRVINE, Calif.—Home prices nationwide, including distressed sales, increased by 6.8% in April 2015 compared with April 2014, according to CoreLogic’s latest Home Price Index.
ALLENTOWN, Penn.—Men are more likely to use mobile payments than women, and restaurants have a big opportunity to expand their POS with mobile, according to a new study.
COSTA MESA, Calif.—A new study indicates that mortgage lending may get a boost due to consumers improving their credit scores.
RENO, Nev.—Great Basin Federal Credit Union said it is rolling out the “Rebuild Together Loan,” which is targeted at first time credit users in need of building credit as well as those currently facing problems with their credit.
OLYMPIA, Wash.—For its first-ever Member Volunteer Day, members of Washington State Employees Credit Union helped out at GRuB (Garden-Raised Bounty), a nonprofit dedicated to farming and gardening.
GRAND RAPIDS, Mich.—CU*Answers is reporting it is seeing an uptick in merger-related activity.
CHICAGO–The Mortgage Partnership Finance (MPF) Program and Redwood Trust, Inc. have announced today higher loan limits for the MPF Direct product.
CUPERTINO, Calif.—Credit unions are again well-represented on the latest list of financial institutions approved for Apple Pay.
