CFPB Publishes New FAQs On TILA/RESPA 06/03/2019 07:45 pm WASHINGTON– The CFPB has published three new groups of questions and answers on topics related to compliance with disclosure requirements for most closed-end borrower real estate transactions.
CFPB’s Advisory Council Set to Meet; To Talk Faster Payments, Collections 06/03/2019 07:45 pm WASHINGTON–The CFPB’s Credit Union Advisory Council is set to meet on Thursday, and one person believes it will offer substantive guidance to the agency.
Student Loans 3.0: Many Don’t Plan To Pay Loans Back 05/30/2019 07:54 pm WASHINGTON–Many college students do not plan on paying back their student loans in full, according to a new survey.
Credit Union One Gets OK To Complete Acquisition Of Bank 06/03/2019 07:46 pm FERNDALE, Mich.—Credit Union One has received approval from the Michigan Department of Insurance and Financial Services and NCUA to complete the acquisition and merge in Hantz Bank, located in Southfield, Mich.
Emergifi, Redstone Consulting Group Partnering On Cybersecurity 06/03/2019 07:46 pm MILWAUKEE, Wis. – Emergifi, a technology CUSO of Corporate Central Credit Union, and Redstone Consulting Group (RCG), a CUSO of Redstone FCU, said they are partnering to improve cybersecurity.
Student Loans 2.0: AGs Want Disabled Vets’ Debt Cancelled 05/30/2019 07:55 pm WASHINGTON — Fifty-one attorneys general have sent a letter sent to Education Secretary Betsy DeVos calling on her to automatically cancel disabled veterans' student debt, something that is not currently done by the Department of Education.
Quest Diagnostics Reports Data Breach 06/03/2019 07:46 pm NEW YORK–Quest Diagnostics said the personal financial information of 11.9 million customers has potentially been compromised.
Student Loans 1.0: In Calif., A ‘Student Borrower Bill Of Rights’ 05/30/2019 07:56 pm SACRAMENTO, Calif.–The California General Assembly has passed AB376, better known as the “Student Borrower Bill of Rights,” which seeks to create what would be the first detailed set of rules protecting those holding student debt in the U.S.
‘No More Rules, Unless…’ CUNA Tells NCUA in Comment Letter 05/30/2019 07:56 pm WASHINGTON–Saying the “cumulative regulatory burden on credit unions is near an all-time high,” CUNA has submitted a comment letter to NCUA calling on the agency to enact new rules only if there is a compelling need.
Archer Cooperative CU Names New CEO, CFO 06/03/2019 07:47 pm CENTRAL CITY, Neb.–Archer Cooperative Credit Union has named a new CEO and CFO. The $69-million credit union has selected Rex Minert as its new chief executive, while Mike Kezeor has been named CFO.
