ARLINGTON, Va.—Ahead of a House Financial Services Committee hearing reviewing the CFPB, NAFCU offered its input on where it believes the structure and operations of the Bureau could be enhanced.
Fresh Today
BOSTON—Credit card interest rates hit a 25-year high in 2019 as lenders increased their rates.
NEW YORK—Globally, financial institutions have tallied up $36 billion in fines since the financial crisis, a new report reveals, with one category seeing a 160% increase in just 15 months.
ALPENA, Mich.–Alpena Alcona Area Credit Union said it has again rolled back its overdraft privilege (ODP) and non-sufficient funds (NSF) fees to $17.50 from $19.52.
MIAMI—The City of Miami has voluntarily dismissed lawsuits against Bank of America, Wells Fargo, Citigroup and JPMorgan Chase, in which the city alleged discriminatory practices under the Fair Housing Act (FHA) that indirectly harmed the city, resulting in lost property tax revenue and increased municipal expenses.
WASHINGTON—The Federal Housing Finance Agency (FHFA) announced proposed updated minimum financial eligibility requirements for Fannie Mae and Freddie Mac Seller/Services.
NEW YORK—Most people who receive a gift card are quick to put it to use, a new report shows.
OMAHA, Neb.–A concern frequently associated with markets along the coasts is hitting the heartland, with housing costs in the Midwest increasingly out of reach for many.
ST. PETERSBURG, Fla. — Year-over-year debit and credit sales volume grew by 7.86% among PSCU credit unions during the 2019 holiday season, the CUSO reported.
ARLINGTON, Va.—In a follow-up to a petition filed in May 2018, NAFCU has joined with more than a dozen other trade groups and stakeholders to ask the Federal Communications Commission (FCC) to clarify the definition of automatic telephone dialing system (ATDS) under the Telephone Consumer Protection Act.