FHFA Publishes Final Rule Requiring GSEs to Submit Annual Capital Plans 06/07/2022 07:33 pm WASHINGTON—The Federal Housing Finance Administration (FHFA) has published a final rule that requires the government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, to submit annual capital plans to the agency for approval.
Diverse Group of CUs Meets With Congressional Black Caucus Over Bill 06/07/2022 07:31 pm WASHINGTON—Leaders from CUNA, the Illinois Credit Union League, Faith-Based Credit Union Alliance, Inclusiv, and CUNA Mutual Group, met with leaders from the Congressional Black Caucus (CBC) in Chicago.
FinCEN Issues ANPR on Creating No Action Letter Program 06/07/2022 07:34 pm WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) has issued an advanced notice of proposed rulemaking (ANPRM) on creating a No Action Letter (NAL) program, a topic the agency first shared with Congress this time last year.
Wichita FCU’s Growth Leads to New Building 06/07/2022 07:31 pm WICHITA, Kan.–Wichita Federal Credit Union growth has led the CU to make plans to move its support services, technology and leadership teams into a new building.
CUNA Mutual to Host Webinar on ‘Trends in Payments’ Today 06/07/2022 07:35 pm MADISON, Wis.–As part of its Discovery Webinar Series, CUNA Mutual will host a webinar today titled, “Trends in Payments for 2022 and Beyond.”
Auto Loan Delinquency Rates Among Younger Consumers Hit the Accelerator 06/07/2022 07:38 pm CHICAGO–Many young consumers are starting to wilt under the weight of car loans, according to a new analysis from TransUnion.
The New Apple ‘i’ Solution: The ‘I Can’t Pay it All Now' BNPL Offering 06/07/2022 07:38 pm CUPERTINO, Calif.–Apple’s Worldwide Developers Conference is famed for its previews of new hardware, software devices and, now, a buy now, pay later (BNPL) solution.
Consumers Lost More Than $1 Billion to Crypto-Fraud in 2021, FTC Reports 06/07/2022 07:36 pm WASHINGTON—Consumers reported losing more than $1 billion to fraud involving cryptocurrencies from January 2021 through March 2022, according to a new analysis from the Federal Trade Commission.
Some Wells Fargo Employees Looking to Unionize 06/07/2022 07:35 pm SAN FRANCISCO–Some Wells Fargo employees are looking to form a union.
Small Biz ‘Rent Crisis’ Reaches New High, New Survey Finds 06/07/2022 07:38 pm BOSTON–A new report suggests showing the “small business rent crisis has reached new heights, as other inflationary trends continue to impair the small business economy.”