IRVINE, Calif.—New analysis shows 254,000 properties regained equity in the first quarter of 2015, bringing the total number of mortgaged residential properties with equity to approximately 44.9 million, or 90% of all mortgaged properties, according to data released by CoreLogic. Nationwide, borrower equity increased year over year by $694 billion in Q1 2015.
NEW YORK–Wall Street firm Goldman Sachs is reportedly planning to introduce a consumer lending unit.
WASHINGTON–The House Financial Services Subcommittee on Oversight and Investigations held a hearing yesterday on “A Global Perspective on Cyber Threats.”
WASHINGTON—John Sackett, director at the $1.6-billion Royal Credit Union in Eau Claire, Wis., has been elected to the CUNA board of directors.
GREENVILLE, S.C.–The collapse of a roof at a GE Aviation plant here has led to the temporary closure of a branch of Turbine FCU.
PRINCETON JUNCTION, N.J.– In order to help ensure that an ATM can process transactions using U.S. Common Debit AIDs, the EMV Migration Forum has released an update to its white paper, “Implementing EMV at the ATM: Requirements and Recommendations for the U.S. ATM Community.”
PORTLAND, Ore.–The Roaring ’20s will be the theme of the 2015 Credit Unions for Kids Auction and Gala scheduled for Oct. 7 of this year.
WASHINGTON—Following Tuesday’s Capital Markets and Government Sponsored Enterprises subcommittee hearing, CUNA sent a letter to Congress urging legislators to pass H.R. 1188, the Credit Union Small Business Jobs Act.
NEW YORK—As major retailers begin to tighten their cyber-security defenses, fraudsters are stepping up their focus on small businesses.
LONDON–A British company has added what it calls a “more secure” and fun alternative to the traditional four-digit PIN code: emojis!
