WASHINGTON—The Consumer Financial Protection Bureau has settled with Afni, Inc., an Illinois-based debt collector the CFPB said violated rules related to providing information to consumer reporting agencies.
Fresh Today
ALEXANDRIA, Va.–The NCUA board has approved a plan on a 3-0 vote to use the significant travel savings it has seen this year due to the pandemic to make a minor “reprogramming” of its budget.
ALEXANDRIA, Va.–The NCUA board was given an update on the status of support for diversity, equity and inclusion in credit unions, with one staff member sharing some of the reasons credit unions have said they are reluctant to participate in a voluntary self-assessment of DEI.
ARLINGTON, Va.—Total retail sales slowed in October, rising 0.3% following a 1.6% increase the previous month. Of note, the outsized September gains were revised down 0.3% percentage points.
WASHINGTON—CUNA, NAFCU and 79 other organizations have written to the leadership in Congress, Treasury and the Small Business Administration to express concerns over a new Paycheck Protection Program (PPP) review process, including “Loan Necessity Questionnaires.”
WASHINGTON–The Federal Housing Finance Agency (FHFA) has issued its final rule establishing a new regulatory capital framework for Fannie Mae and Freddie Mac, both of which continue to operate under government conservatorship.
ALEXANDRIA, Va.—During its open board meeting today, NCUA will vote on a proposed rule involving capitalization of interest.
BETTENDORF, Iowa–Dale Owen, 52, CEO of the $482-million Ascentra Credit Union here, has died following a fight against pancreatic cancer.
WASHINGTON—The response by consumers and policymakers to rising COVID-19 case counts is likely to determine whether currently projected improvements to U.S. economic growth materialize, according to the latest commentary from the Fannie Mae Economic and Strategic Research (ESR) Group.
GLENDALE, Calif.—Los Angeles Federal Credit Union has signed a multi-year agreement for Lumin Digital’s cloud-native platform for online and mobile digital banking solutions.