WASHINGTON–There has been a gradual but dramatic shift in the institutions that dominate the mortgage lending market.
Fresh Today
KINGSTON, Jamaica–COK Sodality Co-Operative Credit Union here has launched a year-long 50th anniversary celebration, beginning with a “Blast Off 2017” event at the Knutsford Court Hotel.
WASHINGTON—An updated version of the "Community Financial Institutions Act," which would raise the CFPB exemption for community financial institutions to $50 billion in consolidated assets, was introduced Tuesday by Rep. Roger Williams (R-TX).
SAN FRANCISCO–Is the fake account scandal at Wells Fargo even bigger than has been believed? The bank was fined more than $185 million in 2016 for opening as many as 2.1 million accounts that customers had never requested, such as for checking and credit cards, as front line staff tried to meet aggressive sales goals the bank had set.
WASHINGTON–Mortgage applications, which have been declining, were up 5.8% last week versus the prior week.
RANCHO CUCAMONGA, Calif.—CO-OP Financial Services said that it has reached an agreement with FCTI that will ensure the approximately 8,000 ATMs located in 7-Eleven stores nationwide will continue to be a part of the CO-OP ATM network.
WASHINGTON—The Labor Department has announced a proposed 60-day delay of its fiduciary rule implementation date, previously set for April 10.
GALENA PARK, Texas–Joe Harwell, CEO of the $92-million United Community Credit Union here, has died following a battle with cancer.
DES MOINES, Iowa–Eleven credit unions have renewed partnerships with TMG Financial Services (TMGFS).
SUFFOLK, N.Y.–Suffolk Federal Credit Union will be the lead sponsor for extreme distance marathon runner and VP Eva Casale as she completes seven marathons in seven days to raise funds and awareness for Hope for the Warriors.