WASHINGTON—The CFPB has released a document presenting examples of hypothetical transactions to help Home Mortgage Disclosure Act filers determine how to report three different types of loans.
Fresh Today
ARLINGTON, Va.—Housing starts rose 8.3% in June to a seasonally adjusted annual rate of 1.215 million, and NAFCU Chief Economist and Director of Research Curt Long expects strong growth for the housing market in coming months.
NEW YORK–The Finest Federal Credit Union, founded in 2015 to serve New York City’s police officers, held a ceremony at its offices yesterday to rename its offices after Steven D. McDonald, a police officer who was killed in the line of duty.
ABERDEEN, Wash.–TwinStar Credit Union is celebrating the opening of a new branch here that was led by the national plan-design firm Momentum.
WASHINGTON—While saying it appreciates NCUA's efforts to be transparent in its budget process, NAFCU is urging the agency to undertake a line-by-line review of its budget to find efficiencies and savings as it carries out its mid-session budget review.
ARLINGTON, Va.—Credit unions in 2018 could see $600-$800 million in Corporate Stabilization refunds from monies paid to prop up the corporate system, according to a proposal the NCUA board approved Thursday.
ARLINGTON, Va.—NCUA’s Chief Financial Officer Rendell Jones, at Thursday’s board meeting reported that agency expenditures are estimated to decline by approximately $5.8 million for 2017, based on current projections of agency needs.
RANCHO CUCAMONGA, Calif. – CO-OP Financial Services said its new CO-OP Locator app now makes it easy for smartphone users to locate any of nearly 30,000 surcharge-free CO-OP ATMs and 5,600 locations in the CO-OP Shared Branch network.
GRAND RAPIDS, Mich.–CU*Answers has announced the launch of an enhancement to its CU*BASE core platform, which is said for the first time ever will allow credit unions complete customization of member information stored in the database.
WASHINGTON—Sen. Mike Rounds (R-SD), a member of the Senate Banking Committee, and Sen. Angus King (I-ME) have reintroduced legislation that would make permanent the CFPB’s Credit Union Advisory Council and also establish a small business advisory board at the bureau.