California To Keep In Place Sanctions Against Wells Fargo 10/18/2017 07:56 pm SACRAMENTO, Calif.–The state of California will keep in place its financial sanctions against Wells Fargo for a second year in the wake of additional disclosures related to bad practices at the bank since its sham accounts scandal was revealed.
Car Lease Approvals Fall Below 50% During September 10/26/2017 08:04 pm CINCINNATI—Car lease credit applicants registered just a 47.6% approval rate for September, reports Swapalease.com.
Operations Of Illinois Credit Union Are Suspended 10/18/2017 07:57 pm PARIS, Ill.—The Illinois Division of Financial Institutions has suspended the operations of Route 1 Credit Union here for 60 days. The state regulator appointed Decatur Earthmover Credit Union, Forsyth, Ill., as manager-trustee.
LSCU Signs On As Plaintiff In Equifax Suit 10/26/2017 08:04 pm TALLAHASSEE, Fla./BIRMINGHAM, Ala.–Another state CU association has signed on as a plaintiff in the class action lawsuit against Equifax over its data breach.
A Payments Milestone Could Soon Be Surpassed 10/18/2017 07:57 pm GENEVA, Switzerland—Addressing the long-running debate about whether mobile payments will ever catch on the forecasts when digital wallets emerged, a new report forecasts that electronic swipes will pass credit card transactions in the near future.
One Thing That Didn’t Fall in September: Home Sales 10/26/2017 08:04 pm ARLINGTON, Va.—New-home sales spiked 18.9% in September to 667,000 annualized units – the fastest sales pace since October 2007. September's sales did not appear to be negatively impacted by Hurricanes Harvey and Irma, said NAFCU Research Assistant Yun Cohen in a NAFCU Macro Data Flash report.
Number Of Renters Who Say Renting Is Better Than Owning Is On The Rise 10/26/2017 08:05 pm WASHINGTON—The share of American renters who believe it's more affordable to rent than to own a home is rising, according to survey results released by Freddie Mac.
NY Councilman Proposes Idea For Raising Values Of Taxi Medallions 10/18/2017 08:11 pm NEW YORK–New York City Councilman Ydanis Rodriguez has put forth a plan that seeks to help save the cab industry in this city, and specifically the owners of taxi medallions.
Second Of Two-Part Series 10/26/2017 08:05 pm MADISON, Wis.–Are credit unions asking the wrong question when it comes to what the CFPB’s new payday lending rule will ultimately mean for consumers, members and credit unions?
MAXX Coverage: How Filene Has Evolved And Refocused 10/26/2017 08:10 pm SPOKANE, Wash.–This is not your father’s Filene Research Institute.