DUBLIN, Ireland–Ireland’s government is considering a bill that seeks to help grow credit union lending in the country by permitting a wider range of offerings, including corporate CUs. It also includes provisions related to credit union boards.
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WASHINGTON–The Consumer Financial Protection Bureau (CFPB) and the Federal Housing Finance Agency (FHFA) have published updated loan-level data for public use collected through the National Survey of Mortgage Originations (NSMO).
NEW YORK—Mastercard has lost a bid to narrow the size of the U.K.’s largest-ever class action claim over its payment fees after appeal judges rejected its attempt to exclude some three million people who died since the claim was first filed, Bloomberg reported.
GRAND BLANC, Mich.–Dort Financial Credit Union said it has entered into an agreement with Flagler Bancshares Corp. to acquire West Palm Beach, Fla.-based Flagler Bank.
PLANO, Texas–Young adults are starting to default on auto loans at an “alarming rate,” according to one economist, who is pointing to data collected by TransUnion.
ATLANTA—Nearly 10% of all new account openings and 5% of password resets represent a fraud attack, according to a new report.
WASHINGTON––With Congress remaining in session this week, credit unions remain hopeful some priorities may still find life as part of larger bills, while several hearings that are scheduled are being viewed as potential signals for what the next Congress may have in store.
ARLINGTON, Va.–When the NCUA board meets on Thursday, much of the attention from credit unions and their trade groups will be on the budget it approves for 2023-24.
WASHINGTON— The Consumer Financial Protection Bureau (CFPB) is proposing certain nonbank financial firms be required to register with the Bureau when they become subject to certain local, state, or federal consumer financial protection agency or court orders.
RICHMOND, Ind.—NCUA has placed the $8-million Richmond City Employees FCU here into conservatorship after the CU's capital fell below 3%..