WASHINGTON—The CFPB has updated its small entity compliance guide for its prepaid rule with information about how to use the new online submission platform, Collect.
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SEATTLE –A new report from doxo, America’s Household Bills, Unbundled, offers an analysis of what Americans are paying for their monthly bills in the 25 largest U.S. metros.
NEW YORK–It’s an accepted fact among many in credit unions that younger Americans do everything online, a change in consumer behavior that will eventually lead to the death of physical CU branches, shopping malls and more. But the behavior of at least one cohort of younger people seems to challenge that assumption.
OTTAWA, Canada–Your Neighbourhood Credit Union has rolled out new branding as it now operates as YNCU. In a statement, the credit unions said it is seeking to “change the face of local banking in Ontario.”
WASHINGTON—The Consumer Financial Protection Bureau has issued a Notice of Proposed Rulemaking (NPRM), which proposes to raise the coverage thresholds for collecting and reporting data about closed-end mortgage loans and open-end lines of credit under the Home Mortgage Disclosure Act (HMDA) rules.
KEY WEST, Fla.–There’s no recession in sight—or at least not until mid-2020 at the earliest–and, besides, what’s really needed is just more amorous young people, one economist told credit unions gathered here.
KEY WEST, Fla.–Any expectations credit unions might have for some big legislative victories in the current Congress were tamped down in remarks before executives gathered here.
WASHINGTON—Following new reports of Chinese spying efforts against the U.S., CUNA’s Ryan Donovan has sent a letter to Congress stressing the need to address data security and privacy issues.
WASHINGTON—The town hall earlier announced by the CFPB on May 8 will focus on debt collection. At the time the agency announced the forum, which will be held in Philadelphia, it had not announced the focus of the event.
WASHINGTON–As expected, Federal Open Market Committee has concluded its meeting today and opted to not raise rates, leaving the target range for the federal funds rate at 2.25% to 2.50%.