WASHINGTON—The Consumer Financial Protection Bureau is proposing additional measures to ensure that homeowners and struggling borrowers are treated fairly by mortgage servicers.
Fresh Today
DENVER—The Fourth Corner Credit Union may soon become the first financial institution to serve the marijuana industry.
WASHINGTON—Fewer than 100 financial institutions will be negatively impacted by the Federal Housing Finance Agency’s proposal to adjust membership criteria for the Federal Home Loan Banks, according to the agency’s director, Mel Watt.
ALEXANDRIA—NCUA board member Mark McWatters outlined his perspective on the risk-based capital rule in the November issue of The NCUA Report.
ALEXANDRIA, Va.—NCUA plans to formally comment on a proposed rule from the Department of Defense that the agency believes could have an unintended consequence of reducing credit unions’ ability to offer certain kinds of credit, including payday alternative loans, to service members.
NEW YORK— A company that had promised consumers it would provide them free credit scores has been fined $22 million to settle charges it had been billing those same consumers for monthly credit monitoring for which they had not signed up.
WASHINGTON—CUNA, along with nine financial services organizations, is concerned a provision of an appropriations bill could raise U.S. Department of Housing and Urban Development (HUD) fees for credit unions and other financial institutions.
LAKE SUCCESS, N.Y. — Dealertrack recently reported the number of active lenders connected to its Dealertrack Credit Application Network has surpassed 1,500 lenders.
SALT LAKE CITY—An armed robber claiming to have an explosive device strapped to his body held up and office of University Federal Credit Union here Tuesday evening.
ALEXANDRIA, Va.—The NCUA Board voted 2-1 this morning to approve a 2015 budget of $279.4 million, with board member Mark McWatters saying he was “dismayed” at the agency’s budget and budgeting process and calling for more input from “stakeholders” in the year ahead.