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.
Fresh Today
WASHINGTON—NAFCU, CUNA and several other trade groups sent a joint letter Wednesday to the Federal Housing Finance Agency to comment on the (FHFA) Duty to Serve proposed rule.
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.
WASHINGTON—In advance of the House’s review today of HR 5485, the FSGG Act of Fiscal Year 2017, CUNA has sent a letter to House leaders supporting the legislation.
DOVER, Del. — Delaware’s largest Credit Union, Dover Federal, has been recognized as the 2015 United States Air Force Credit Union of the Year.
SNELLVILLE, Ga.—The African-American Credit Union Coalition (AACUC) will host its annual conference in Seattle, Aug. 4-6, at the Renaissance Seattle Hotel.
ANAHEIM HILLS, Calif.–Approximately 40 credit union executives gathered here to discuss a number of “what if” scenarios related to the economy, politics and more.
MADISON, Wis.–The National Credit Union Foundation (the Foundation) has released a new video to showcase its Non-Prime Auto Lending Program.
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.
