NEW YORK–Kiplinger’s has published its rankings of America’s best banks and credit unions, naming its top two in each category.
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WASHINGTON—Consumer credit rose 7.6% in May – the fastest pace in six months.
WASHINGTON—Government-sponsored enterprise (GSE) Fannie Mae is starting a pilot program to offer an enterprise-paid mortgage insurance (EPMI) option – an alternative to the borrower-paid and lender-paid options currently available.
MENLO PARK, Calif.—In a theft described as “easier than robbing banks,” criminals are stealing more cryptocurrency from exchanges, and that’s driving growth in a cottage industry of services that allow for money laundering of coins, according to a new report.
BOSTON–With the recreational marijuana business now legal in Massachusetts—but with a dearth of financial institutions willing to serve the industry–the top federal prosecutor in the state has issued a statement saying his focus when it comes to cannabis will be on overproduction, targeted sales to minors and organized crime.
LANSING, Mich. — The Michigan Credit Union League has announced several management changes.
NEW YORK–A company that helps people to “resurface old social media posts” is now dealing with the surfacing of an issue itself—a data breach involving as many as 21 million people’s information.
ONTARIO, Calif. – CU Direct has announced a new partnership with MBL (Member Business Lending), a provider of commercial and small business lending origination and servicing for credit unions.
WASHINGTON—NAFCU has sent a letter to the Senate Banking Committee ahead of today’s hearing on credit bureaus and data security.
WASHINGTON—Bureau of Consumer Financial Protection Acting Director Mick Mulvaney has named Brian Johnson acting deputy director of the BCFP.