Fresh Today

Fresh Today

WASHINGTON–The CFPB has released a special edition supervision report focused specifically on mortgage servicers, saying it has found that some mortgage servicers continue to use failed technology that has already harmed consumers, putting the company in violation of the CFPB’s new servicing rules.

WASHINGTON–According to first quarter analysis of Callahan & Associates’ Return of the Member (ROM) scoring system, University of Lake Michigan, Deere Employees Credit Union, River Valley Credit Union, PCM Credit Union, and Credit Union of Vermont have taken the top spots for their respective peer groups.

LOMBARD, Ill.—More small businesses are turning to mobile to manage day-to-day operations, according to a new report that suggests it would be a mistake for financial institutions to respond by simply offering consumer mobile solutions to businesses.

COLUMBUS, Ind.–Centra Credit Union has named Rick Silvers president and chief executive officer. Silvers previously served as chief retail officer for Teachers Credit Union in South Bend, Ind. Silvers has already begun in his new role.