MADISON, Wis. — The Worldwide Foundation for Credit Unions (WFCU) said it will host a webinar titled “Global Connections” on Oct. 19 to celebrate International Credit Union Day.
Fresh Today
WASHINGTON — The Consumer Financial Protection Bureau (CFPB) filed a lawsuit in federal court alleging Freedom Mortgage Corp. submitted legally-required mortgage loan data that was “riddled with errors.”
WASHINGTON–The Consumer Financial Protection Bureau (CFPB) has issued an advisory opinion regarding a provision enacted by Congress that generally prohibits large banks and credit unions from imposing “unreasonable obstacles on customers,” such as charging excessive fees, for basic information about their own accounts.
WASHINGTON–The CFPB is reporting its exams have helped return $140 million to consumers hit by illegal junk fees, while most institutions have eliminated NSF fees, “saving consumers $2 billion every year.”
MADISON–Credit unions have been offered a primer in what drives economies and inflation and what is motivating the Federal Reserve.
ARLINGTON, Va.—Total consumer credit fell 3.8% in August at a seasonally-adjusted annualized rate and is up 4% compared to a year ago.
RALEIGH, N.C.–All three people who ran as challengers in the board elections at State Employees’ Credit Union here have won seats on the board, ousting three incumbent board members.
WASHINGTON—Proposals to require financial service providers to exclude payment processing fees from the sales tax portion of a card payment would “bring higher costs for everyone but the largest merchants,” according to CUNA-commissioned research from Cornerstone Advisors.
SANTA FE, N.M.–Winona Nava, the well-known president and CEO of Guadalupe Credit Union here, has announced plans to retire at the end of October.
NEW YORK–After a modest improvement in the delinquency rate in August 2023, delinquencies on commercial mortgage backed securities (CMBS) moved higher again in September, according to Trepp.