CPA Group Details Problems Being Encountered in Current Round of PPP 02/07/2021 04:53 pm WASHINGTON–The American Institute of CPAs (AICPA) has sent a letter to the Small Business Administration (SBA) raising concerns about the challenges small businesses are facing with the current Paycheck Protection Program (PPP) loan application system.
Rate Reversal Leads to Another Surge in Refinancing Applications 02/07/2021 04:53 pm WASHINGTON–With mortgage rates falling for the first time in nearly a month—after many predictions rates would slowly rise during 2021—applications to refinance jumped 11% last week over the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.
CFPB to End ‘Pause’ On HMDA Reporting, Data Collection & More 02/07/2021 04:56 pm WASHINGTON–The acting director of the Consumer Financial Protection Bureau said the agency will end the “pause” that has been in place around Home Mortgage Disclosure Act (HMDA) reporting, CARD Act data collection and more.
FinCEN Issues Warning Over Growing Fraud Related to the Pandemic 02/07/2021 04:55 pm WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) is alerting financial institutions to a rise in fraud trends related to the healthcare industry as the coronavirus pandemic continues.
Trucks Continue to Do the Heavy Pulling in Vehicle Sales 02/07/2021 04:55 pm ARLINGTON, Va.—Total vehicle sales grew in January, jumping to 16.6 million annualized units from 16.2 million during the month. Sales, however, fell 1.4% since this time last year.
Consumer Concerns Over Security Big Driver of Type of Payment Used, Research Finds 02/07/2021 04:56 pm NEW YORK—New research suggests security concerns are at the heart of distinctions between consumers’ attitudes toward using debit, credit or other options to pay online.
Dryer Joins Westerra Credit Union as Vice President of Consumer Lending 02/09/2021 01:08 pm DENVER-- Jared Dryer has joined Westerra Credit Union as Vice President of Consumer Lending.
Fergus FCU Supports Hometown Heroes 02/09/2021 12:01 pm LEWISTOWN, Mont.–Fergus FCU recently donated $3,000 to the Hometown Heroes Organization to support in the delivery of lunches and coffee to hospital staff and to the staff in all the schools in Lewistown, Montana