July’s Hot Temperatures Not Matched by Mortgage Rate Averages 07/31/2017 08:30 pm WASHINGTON–July may have seen record heat, but the same can’t be said for mortgage rates.
Comfort Named CEO of CUNA Brokerage Services 08/07/2017 06:29 pm MADISON, Wis. – CUNA Mutual Group announced today the hiring of Rob Comfort as president of CUNA Brokerage Services, Inc. (CBSI) and Martin Powell as vice president of strategic account development and management for the company’s wealth management business.
Second In 6-Part Series 08/07/2017 08:04 pm BIRMINGHAM, Ala.—With an impact that rivals or even exceeds inventions such as the printing press and radio, Bill Hardekopf says the revolutionary effects the iPhone has had on banking could not have been predicted when it was introduced 10 years ago.
Regulators Look To Replace Libor, The Benchmark For Much Of The World’s Finance 08/07/2017 08:16 pm LONDON–Libor, the benchmark rate that is tied to more than $350 trillion in derivatives, corporate bonds and other financial products, is on its way out even as regulators acknowledge the challenge in finding a replacement.
CFPB Issues Warning Over ‘Tricking’ Consumers with Pay-By-Phone Fees 07/31/2017 08:30 pm WASHINGTON— The Consumer Financial Protection Bureau (CFPB) has issued a bulletin warning companies about tricking consumers into expensive pay-by-phone fees.
American Eagle Financial Buys Office Building To Consolidate Personnel 08/07/2017 08:17 pm EAST HARTFORD, Conn.–American Eagle Financial Credit Union here has paid $6.6 million for an office building it said it will use to consolidate its executive and administrative offices and about 200 employees.
Labor Dept. Again Urged To Give CUs Exemption From Fiduciary Rule 08/07/2017 08:18 pm WASHINGTON—The Labor Department was again urged to provide a credit union exemption from the broad scope of the fiduciary rule that addresses whether certain exemptions should be adopted for investments in bank deposit products in a comment letter from NAFCU.
Anne Cochran, CEO of Louisiana league, Announces Retirement Plans 07/31/2017 08:35 pm HARAHAN, La.— Anne Cochran, CEO of the Louisiana Credit Union League, announce she will retire at the end of the league’s fiscal year. The announcement came during the LCUL’s Annual Meeting & Convention here.
FHFA Re-Opens Its Comment Period On Issues Facing Mortgage Borrowers With Limited English Skills 08/07/2017 08:18 pm WASHINGTON—The Federal Housing Finance Agency on Friday reopened the comment period on its request for information on issues facing mortgage borrowers who have limited English proficiency.
NCUA To Host Webinar Tomorrow On Plan To Shutter Corporate Stabilization Fund 08/07/2017 08:19 pm ALEXANDRIA, Va.–NCUA tomorrow will host a webinar on its proposed plan to close the Temporary Corporate Credit Union Stabilization Fund. Interested parties can register here. The webinar is scheduled to begin at 2 p.m. ET, and there is no charge to attend.
