PLANO, Texas— Marquis Software Solutions has filed suit against SonicWall, alleging a 2025 cloud vulnerability enabled a ransomware attack that exposed sensitive data tied to hundreds of financial institutions, including many credit unions.
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WASHINGTON— NCUA Chairman Kyle Hauptman used his appearance before the Senate Banking Committee Thursday to draw a sharp line between rulemaking and enforcement, telling lawmakers NCUA has formally codified a policy rejecting “regulation by enforcement” and is undertaking a sweeping review of its own rulebook — even as it advances stablecoin regulations under the GENIUS Act framework.
MCLEAN, MCLEAN, Va.--The 30-year fixed-rate mortgage dropped below 6% this past week, averaging 5.98%, Freddie Mac reported.Va.--The 30-year fixed-rate mortgage dropped below 6% this past week, averaging 5.98%, Freddie Mac reported.
WASHINGTON—Senate Banking Committee Ranking Member Elizabeth Warren (D-MA) and a group of Senate Democrats have sent letters to the heads of the Office of the Comptroller of the Currency, FDIC and NCUA criticizing the agencies’ decisions to remove references to disparate impact from supervisory materials.
WASHINGTON– Homebuyer affordability declined in January, with the national median payment applied for by purchase applicants increasing to $2,070 from $2,025 in December, according to the Mortgage Bankers Association's (MBA) Purchase Applications Payment Index (PAPI).
TAMPA--ProBridge, a wholly owned subsidiary of Trellance Cooperative Holdings, Inc., announced their latest solution for credit unions looking to tackle multiple projects under a tight budget: ProBridge Flex.
WASHINGTON — The Office of the Comptroller of the Currency on Wednesday unveiled a comprehensive proposed rule aimed at implementing the federal stablecoin regulatory framework established by GENIUS Act, marking a major step toward bringing payment stablecoins under formal U.S. bank-style supervision.
WASHINGTON--Oral arguments were heard this week in the U.S. Court of Appeals for the District of Columbia Circuit for a rehearing in National Treasury Employees Union (NTEU) v. Vought, America's Credit Unions reported.
WASHINGTON--Ahead of NCUA Chairman Kyle Hauptman’s scheduled testimony before the Senate Banking Committee Thursday, America’s Credit Unions outlined ways NCUA can provide relief to credit unions.
ALBUQUERQUE, N.M. — A 26-year-old Albuquerque man was arrested inside U.S. Eagle Federal Credit Union following a brief standoff that prompted a significant law enforcement response and the evacuation of employees, according to Abqraw.com.