WASHINGTON—The Consumer Financial Protection Bureau is reporting it has resolved an appeal in a long-running enforcement suit against an alleged foreclosure relief scam operation for $12 million in consumer redress and penalties.
Fresh Today
MANCHESTER, N.H.–America’s Credit Union Museum (ACUM) has dedicated its main exhibit hall in honor of Gordon A. Simmons, the former credit union CEO who chaired the museum board for more than a decade during its formative years.
NEW YORK—Are security concerns slowing some credit unions’ use of AI?
WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) is seeking comments on information to be collected from certain authorized recipients – including credit unions – when requesting access to beneficial ownership information (BOI).
WASHINGTON—Republican House Financial Services leaders are urging the Consumer Financial Protection Bureau to clarify the implications of a proposed payments rule on the digital asset sector.
WASHINGTON—Even with ongoing, strong pushback from credit union trade groups, the issue of granting NCUA authority to oversee third party vendors has managed to get in front of Congress.
WASHINGTON—The Fannie Mae Home Purchase Sentiment Index (HPSI) increased 3.5 points in January to 70.7, its highest level since March 2022, due primarily to increased consumer confidence in job security and another significant jump in the share of consumers expecting mortgage rates to decrease, Fannie Mae reported.
BUFFALO, N.Y.—New numbers have been released by one company that offer some insights into mortgage lending during Q4.
WASHINGTON–The government watchdog Accountable.US this week projected a digital message on the headquarters of the Consumer Bankers Association here that read, “Big Banks Charge Overdraft Fees to Rake in Billions.”
WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) said it will publish a proposed rule that would require reports and recordkeeping on certain transfers of real estate properties to specified legal entities and trusts.