PALM HARBOR, Fla.–With the Consumer Financial Protection Bureau having just issued a compliance bulletin and policy guidance titled “Mortgage Servicing Transfers,” one company here is cautioning that nationally as many as 490,000 homeowners could be affected by faulty servicer database records.
Fresh Today
MARLBORO, Mass. — Digital FCU has introduced a $100-million residential solar loan program it is offering in partnership with Sungage Financial.
SUNNYSIDE, Wash.—Lower Valley Credit Union is opening a new 10,000-square-foot, two-story corporate headquarters and main branch here.
LIBERTY LAKE, Wash.—CU*NorthWest, the 100% credit union-owned CUSO has been named as recipient of the 2014 Kim Bannan Eternal Flame Award.
LIBERTY LAKE, Wash.–CU*NorthWest is reporting it will post one of its most successful years with respect to new members processed on its CU*BASE core processing platform and new markets opened.
BROOKFIELD, Wis.—Fiserv is reporting that its Comparalytics module within the LoanComplete suite of product solutions, which already completes the standard document-to-system data comparison, now “compares documents to any and all other documents associated with the loan file, regardless of the type of document.”
WASHINGTON—Forty-seven percent of U.S. merchant terminals will be EMV enabled by the end of 2015, estimates the Payments Security Task Force (PST).
WASHINGTON—With November’s elections now just two weeks away, CUNA is making substantial investments in two more political races.
WASHINGTON—President Obama has signed an executive order aimed at speeding the adoption of EMV cards and reducing data breaches. The order directs government agencies to issue to employees chip-and-PIN credit and debit cards and to upgrade retail payment card terminals at agencies to accept the cards.
ONTARIO, Calif.—Auto loan terms continue to climb as consumers attempt to keep the monthly payment affordable and CUs are less shy about going out as long as 96 months.