Fresh Today

Fresh Today
 

IRVINE, Calif.—The number of foreclosures continues to decline. Data released by CoreLogic as part of its National Foreclosure Report shows that during August there were 45,000 completed foreclosures nationally, down from 58,000 in August 2013, a year-over-year decrease of 22.2%.

 

WASHINGTON—The Consumer Federation of America (CFA) will release the results of its fourth Personal Savings Index (PSI) research at noon today EST.

 

DES MOINES, Iowa--Social Money, the company behind the SmartyPig campaign, and payments processor The Members Group have announced an alliance to provide prepaid card options for Social Money’s products.

 

BAY CITY, Mich.—Alysia M. Wright, a former head teller with Copoco Community CU here, has appeared in Bay County District Court here for her arraignment on one count of embezzlement of more than $50,000 but less than $100,000, a 15-year felony in Michigan.

 

PITTSBURGH—Alex K. Philip, 30, of Hercules, Calif. Has pleaded guilty before a federal judge here over a nationwide auto loan fraud scheme uncovered by the Secret Service in 2013 and which claimed two Pennsylvania CUs among its victims.

 

WASHINGTON—The Treasury’s Community Development Financial Institution (CDFI) Fund has now opened its 2015 funding round and has $151-million available to certified CDFIs.

 

ARLINGTON, Va.—Just days after NCUA announced a second risk-based capital proposal is coming along with a new comment period, NAFCU is lobbying Congress to make sure it keeps the pressure on the agency.