WASHINGTON – Rep. Jeb Hensarling’s (R-TX), the chairman of the House Financial Services Committee, has provided additional details on the alternative plan that he said he will put forward that would replace the Dodd-Frank Act and include regulatory relief.
Fresh Today
IRVINE, Calif.—As expected, new data shows that home prices for April were up both month over month and year over year, according to the Home Price Index (HPI) released by CoreLogic.
JACKSONVILLE, Fla.–A decade after the mortgage mania of the mid-2000s, there is still one bill that has yet to come due—home equity loans.
ARLINGTON, Va.—NAFCU is asking the FCC to reconsider aspects of its proposal to implement changes to the Telephone Consumer Protection Act (TCPA), as required by the Bipartisan Budget Act of 2015.
NEW YORK–Any credit union that has ever made a loan is also familiar with the collections process. And while highly regulated CUs must comply with numerous laws related to collections, the same can’t be said for other collections companies, especially those that buy debt.
WASHINGTON—The Federal Financial Institutions Examination Council (FFIEC) Tuesday advised financial institutions, consistent with existing regulatory expectations, to actively manage the risks associated with interbank messaging and wholesale payment networks.
CARMEL, Ind.–Allied Solutions has announced a strategic partnership with Interstate National to enhance its Mechanical Breakdown Protection program.
ALEXANDRIA, Va.– NCUA is again inviting stakeholders throughout the credit union system to provide input on ways it can modernize and improve its Call Reports, with the publication of a request for information in the Federal Register.
SAN FRANCISCO–Visa plans to test a “payment wearable ring” during the Summer Olympic Games in Rio de Janeiro in August.
MINNEAPOLIS, Minn.--A federal appellate court here has ruled in favor of a Minnesota bank that sued its insurer for coverage of costs related to a fraudulent wire transfer.