Fresh Today

Fresh Today

WASHINGTON—Fannie Mae has expanded offerings for low downpayment loans for first-time homebuyers, and is accepting applications immediately for borrowers with FICO credit scores as low as 620.

ALEXANDRIA, Va.–In remarks offered at a meeting yesterday, NCUA Chairman Debbie Matz said data breaches at retailers have cost credit unions greatly, and as a result retailers and other third parties that are responsible for such breaches should cover those costs to financial institutions.

ALEXANDRIA, Va.—Pentagon FCU is teaming up with NFL greats Jerry Rice, Emmitt Smith, and Joe Theismann to launch the CU’s new PenFed Promise Card Challenge.

SOUTHFIELD, Mich.—The Michigan league said a billboard campaign it launched targeting elected state officials and other policymakers with a message opposing a bill that would expand payday lending is working.

SEATAC, Wash.—The Northwest Credit Union Association said it has made a new exam reporting tool available to its affiliated credit unions in order to share exam issues “in as much or as little detail as they like.”