WASHINGTON— The Consumer Financial Protection Bureau (CFPB) and the Federal Housing Finance Agency (FHFA) have published updated loan-level data for public use collected through the National Survey of Mortgage Originations (NSMO).
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JACKSON, Mich.–American 1 Credit Union has purchased land at 900 N. Cooper Street here to be the home of its corporate operations.
ALEXANDRIA, Va.—NCUA should only promulgate new rules or expand existing rules if they are “clearly warranted based on a compelling need,” America’s Credit Unions wrote to the agency.
RICHLAND, Wash.–A former employee of HAPO Community Credit Union has admitted to stealing thousands of dollars from a mobile ATM used at community events, according to a new report.
LEWISTON, Idaho–An employee at the Lewiston branch of Idaho Central Credit Union has allegedly been fired and is facing a grand theft charge after allegedly stealing over $60,000 from the credit union.
WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) has issued a proposed rule amending financial institutions’ anti-money laundering and countering the financing of terrorism (AML/CFT) programs to explicitly require that such programs be “effective, risk-based, and reasonably designed,” enabling financial institutions to focus their resources and attention in a manner consistent with their risk profiles.
WASHINGTON –Treasury and the Internal Revenue Service have released final regulations on the IIJA’s reporting requirements for brokers of digital assets, which align these requirements with longstanding reporting requirements for traditional financial services, according to Treasury.
NAPERVILLE, Ill.–State leagues in two states have announced leadership changes.
NEW YORK—Consumers and businesses are pivoting toward faster and digital payment options—at a pace maybe faster than many expected.
CHICAGO—Aeropay, a provider of pay-by-bank solutions for businesses that began with cannabis retailers and gaming companies, reported it is now expanding into Visa’s and Mastercard’s territory by innovating the payment networks.