WASHINGTON—Comments are now being accepted by America’s Credit Unions to submit to the CFPB on its proposed rule on data brokers.
Fresh Today
WASHINGTON—In its second enforcement action announced on Monday, the CFPB—as it remains busy before the Trump Administration takes office—has sued Rocket Homes to stop them from providing incentives to real estate brokers and agents in exchange for steering homebuyers to Rocket Mortgage for loans.
CHICAGO—A federal judge Friday ordered a preliminary injunction that would pause implementation of the Illinois Interchange Fee Prohibition Act (IFPA).
WASHINGTON—Alleging Zelle “rushed to market” and that consumers have lost more than $870 billion due to fraud on Zelle, the CFPB has sued the operator of America’s most widely available peer-to-peer payment network and three of the nation’s largest banks for failing to protect consumers from “widespread fraud” on the payments app, the Bureau announced.
WASHINGTON—The House and Senate worked late into the night Friday to come to agreement on a spending plan that averted a partial government shutdown at 12:01 Saturday morning, just days before the holidays.
ALEXANDRIA, Va.–NCUA has released the December 2024 Update of its Simplified CECL Tool.
MILWAUKEE—QuantyPhi, a balance sheet optimization CUSO for credit unions, has introduced its new CECL Validation service.
MONTICELLO, Utah —The former branch manager of a San Juan Credit Union office here is accused of stealing more than $200,000 from the branch, KSL.com reported.
WASHINGTON—The Consumer Financial Protection Bureau has issued a report on the experiences of homeowners dealing with their mortgage company after divorce or the death of an original borrower.
WASHINGTON--Defense Credit Union Council leadership met with the Department of Defense (DoD) deputy chief financial officer Friday to reinforce its critical role and long-time partnership with DoD decision-makers, DCUC said.