WASHINGTON–In response to the CFPB’s announcement of an Advance Notice of Proposed Rulemaking regarding ability-to-repay and qualified mortgage rules, two consumer groups say they want to see both rules maintained.
Fresh Today
ARLINGTON, Va.— The Credit Union Sentiment Index (CUSI) conducted by NAFCU fell sharply in June, hitting its lowest point on record with all four elements of the index declining, the trade association stated.
CAMBRIDGE, Mass.—A new report indicates the cost of a data breach has risen 12% over the past five years and now costs $3.92 million on average.
ST. PETERSBURG, Fla.–Credit unions saw a significant spike in card volume during the recent Amazon Prime Day sale.
WASHINGTON—Members of the House Financial Services Committee Task Force on Financial Technology are being urged to "ensure that when fintechs compete with financial institutions, they do so on a level playing field where smart regulations and consumer protections apply to all actors."
MADISON, Wis.--Applications are now being accepted for the CUNA Excellence in Lending Council Awards, which recognize outstanding credit union lending results and best practices, CUNA Mutual said.
WASHINGTON—CUNA is saying it believes the Federal Communications Commission (FCC) should direct voice service providers to refrain from blocking “unsigned” calls under the SHAKEN/STIR framework until the framework has been fully implemented.
WASHINGTON—Will Congress ever pass legislation to deal with robocalls? It’s now on to the Senate with one significant piece of legislation after the House of Representatives has passed the Stopping Bad Robocalls Act (H.R. 3375) by a vote of 429-3.
RANCHO CUCAMONGA, Calif. – Noting more than half of all credit cardholders use their card every day, CO-OP Financial Services has issued a new white paper, “How to Succeed in the Credit Card Business: A Blueprint for Credit Unions.”
NEW BERLIN, Wis.–Landmark Credit Union here has entered into a three-year sponsorship deal with the Milwaukee Admirals, a professional ice hockey team in the American Hockey League and is the affiliate team of the NHL’s Nashville Predators.