WASHINGTON–Mortgage rates declined slightly last week following increases over two consecutive weeks, with new data showing refinancings were a significant part of mortgage activity.
Fresh Today
WASHINGTON—The Federal Trade Commission, along with 11 states and the District of Columbia, announced “Operation Game of Loans,” the first coordinated federal-state law enforcement initiative targeting deceptive student loan debt relief scams.
PURCHASE, N.Y.—Mastercard announced that it will be opening up access to its blockchain technology via its API published on Mastercard Developers.
EUREKA, Calif.–Coast Central Credit Union has named a new CEO. The $1.3-billion CU said James T. Sessa will now lead the organization.
SANTA ROSA, Calif.–A fund established by Redwood Credit Union and other partners to help victims of the wildfires in the North Bay has now exceeded $10 million, with donations from more than 17,000 donors.
NAPERVILLE, Ill.–The Illinois Credit Union League has become the latest state-level CU association to join the Equifax class action lawsuit as a party plaintiff. CUNA has also filed suit against Equifax over its data breach.
HARRISBURG, Penn.–Pennsylvania State Employees Credit Union has distributed checks totaling $170,000 to support the 2017 hurricane relief efforts of eight national and international charities.
VIRGINIA BEACH, Va.–A small credit union here has been merged into Chartway FCU.
HONG KONG—In what may be a big step in the fight against fraud, more than one-billion smartphones will ship next year with a fingerprint scanner.
NEW YORK—Two major banks are signaling they are concerned that rising card delinquencies are coming.