NASHVILLE, Tenn.–Under the Trump administration the BCFP has stepped back its oversight of private student loan servicing, but many states are now working to fill the regulatory void, according to one attorney.
Fresh Today
NASHVILLE, Tenn.–While student debt gets significant attention, why the lack of discussion around the root cause—the skyrocketing cost of a college education that one person called “unconscionable.”
ARLINGTON, Va.—New-home sales increased 3.5% in August, but those gains are being offset by downward revisions to the prior three months of sales data. NAFCU Research Assistant Yun Cohen said that despite strong demand for homes, sales have been trending lower – largely due to "persistent affordability issues."
PLANO, Texas–The Cornerstone Credit Union League said it has introduced a new version of the "Save to Win" program with both national and league-level prizes for members of credit unions in Arkansas and Texas.
WASHINGTON–While the attention given the meeting of the Federal Reserve’s Federal Open Market Committee (FOMC) this week primarily focused on rates, Chairman Jay Powell also spoke to the systems the Fed has put in place since the financial crisis of a decade ago that are aimed at providing greater stability.
JOHNSON CITY, Tenn. – The former CEO of a credit union here has been sentenced to more than four years and prison and ordered to pay restitution after being found guilty of stealing more than $1 million.
WASHINGTON–How does the Bureau of Consumer Financial Protection gather its data? According to a new report issued by the BCFP, it uses at least seven databases and what it called other “core data assets” in the course of its supervision.
LAS VEGAS–Bob Dorsa, known to many for his work in helping to found and lead the National Association of CUSOS (NACUSO) and later for his work as founder and president of the American Credit Union Mortgage Association (ACUMA), has announced plans to step down.
CAMBRIDGE, Mass.—A new report from digital security firm Akamai reveals that the financial services industry is one of the most vulnerable to botnet cyberattacks, and credit unions are increasingly targeted because of their smaller size.
CHICAGO–More than a dozen credit union representatives are included among the 100 young professionals who have been selected to join the BAI Emerging Leaders Network, a “highly selective professional development network dedicated to connecting and fostering the growth of future leaders who will drive positive change in the financial services industry,” according to the organization.