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ALEXANDRIA, Va.—Steve Bosack, the chief of staff to NCUA Chairman Debbie Matz, will become a Special Advisor to Pentagon FCU CEO James Schenck effective May 23. Matz is stepping down as chairman of NCUA on April 30.

IRVINE, Calif.—The foreclosure inventory declined by 23.9% and completed foreclosures declined by 10% compared with February 2015, according to the February 2016 National Foreclosure Report from CoreLogic.

ARLINGTON, Va.–Saying the move sets a “dangerous precedent,” NAFCU is stating its opposition to the Federal Housing Finance Administration announcing that Fannie Mae and Freddie Mac will offer a one-time principal reduction to an estimated 33,000 seriously delinquent, underwater borrowers.

WASHINGTON—The National Labor Relations Board has ruled against TruStone Financial Credit Union in a dispute over the CU’s decision to close two branch offices that were staffed by unionized employees, and then to reopen branches nearby with non-union employees.

COLORADO SPRINGS, Colo.–Aventa Credit Union has launched a First Responder Loan that offers a loan fixed-rate loan to support those who are currently employed or volunteer as a first responder.

LONDON—A new study reveals that men are almost twice as likely as women to store passwords or PINs to credit cards, debit cards, online bank accounts and other online accounts on their smartphones, tablets and laptops.

SAN ANTONIO–San Antonio FCU said it will begin offering short-term, small-dollar loans to members through a new relationship with QCash Financial, an automated, cloud-based, omni-channel lending platform for financial institutions.

WASHINGTON—The Consumer Financial Protection Bureau has ordered the New Jersey-based debt collection law firm Pressler & Pressler, LLP, two principal partners, and New Century Financial Services, Inc., a debt buyer, to stop “churning out unfair and deceptive debt collection lawsuits based on flimsy or nonexistent evidence.”