WASHINGTON – The Consumer Financial Protection Bureau has released a video on how struggling homeowners can obtain mortgage forbearance if their finances are impacted due to the COVID-19 pandemic.
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ST. PETERSBURG, Fla.–PSCU has provided newly updated numbers on how the coronavirus pandemic is affecting the ways members are spending money on their cards.
WASHINGTON–Credit unions are being encouraged to warn their members of increasing attempts by fraudsters to scam people under the guise of some sort of issue or assistance related to the coronavirus pandemic or the various aid programs the government has announced.
MADISON, Wis.–The Filene Research Institute said it is working to provide assistance to credit unions to “support their people and build their business resiliency during the COVID-19 crisis.”
LAKEWOOD, Colo.–CU Service Network has made available a compliance resource document it created in response to new issues being created by the coronavirus pandemic.
CLATSKANIE, Ore.–Wauna Credit Union has implemented a “Hazard Pay for Heroes” program that pays employees a premium for coming to the office.
BOSTON–The president of the Boston Federal Reserve Bank isn’t as optimistic as many others are in forecasting an economic recovery from the coronavirus pandemic.
ATLANTA–Not surprisingly, a new survey has found nearly three-quarters of Americans have turned to digital solutions as a result of social distancing rules stemming from the coronavirus—although usage numbers are affected by income and education levels.
DES MOINES, Iowa –An Iowa credit union has become the first in the state’s history to use remote online notarizations (RONs) to close a mortgage loan.
WASHINGTON–The American Institute of CPAs (AICPA) is urging its members to work with businesses to participate in the federal government’s new Paycheck Protection Program.