Fresh Today

Fresh Today

WASHINGTON—The CFPB has announced that it is seeking feedback on its plan to assess the effectiveness of the 2013 Real Estate Settlement Procedures Act (RESPA) mortgage servicing rule. The bureau said it will issue a report of the assessment by January 2019.

WESTBROOK, Maine–John Murphy, who recently retired as president of the Maine Credit Union League and Synergent after a 44-year career with the association, was honored during an event at the Westin Portland Harborview Hotel, where more than 400 people turned out.

ARLINGTON, Va.—Rod Taylor, president and CEO of Barksdale FCU in Bossier City, La., and Daniel Weickenand CEO of Orion FCU in Memphis have been reelected to at-large seats on the NAFCU board of directors.

WASHINGTON—The CFPB’s latest monthly complaint snapshot shows that both private and federal student loan borrowers nationwide report persistent servicing breakdowns that may sideline their path to repayment.

SAN FRANCISCO–The nation’s biggest banks have begun pulling back “sharply” from auto loans, which is contributing to a drop in car sales and raising concerns the auto slump might deepen, according to one new report.