WASHINGTON—A bipartisan group of Senate Banking Committee members has released a bill that includes credit union regulatory relief.
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WASHINGTON—NAFCU has asked the NCUA to adopt a "good faith efforts" examination policy, similar to the CFPB, regarding compliance with the Home Mortgage Disclosure Act (HMDA) given the significant challenges the rule has created for credit unions.
WASHINGTON—Credit unions now have less than six months to come into compliance with the Financial Crimes Enforcement Network's (FinCEN) Customer Due Diligence (CDD) rule, effective May 11, 2018, reminded CUNA.
MONROE, Mich.–Two credit unions have named new CEOs.
SEATTLE–A federal judge here has declined to dismiss a lawsuit filed by Veridian Credit Union against Eddie Bauer over a data breach.
GRAND RAPIDS, Mich.–CU*Answers said its Internet Retailer Support Center (IRSC) and its web & mobile developer teams have launched the Daon biometric authentication pilot to 15 credit unions and more than 300 users.
RICHARDSON, Texas–Two credit unions here–United Heritage Credit Union and Credit Union of Texas–have launched Texas Mortgage Lending, LLC., a full-service mortgage originator providing services to the members of both credit unions.
McCLEAN, Va.–The U.S. credit union community increased its mortgage dollar volume by 16% in 2016, according to data credit unions supplied to the federal government under the Home Mortgage Disclosure Act.
WASHINGTON–How the tax reform plans currently before the House and Senate play out will affect credit union members in numerous ways, including housing.
WASHINGTON–Mortgage interest rates declined slightly in the latest weekly numbers, but the reduction did little to goose volume.