Fresh Today

WASHINGTON, D.C. — The Consumer Financial Protection Bureau has issued an advisory opinion it said is aimed at protecting Americans from “double dealing on digital mortgage comparison-shopping platforms.”

TYLER, Texas–Congressman Nathaniel Moran (R-TX) is sponsoring a bill, the Border Security Investment Act, which would place a 37% fee on remittances to the “top five nations of origin for illegal immigration.”

WASHINGTON–A new Fed survey of bank executives finds tighter lending standards and weaker demand during the fourth quarter for commercial and industrial (C&I) loans to businesses, while lending standards for households during the same period were tighter or remained the same with weaker demand.

ALEXANDRIA, Va.—NCUA has issued a Letter to Credit Unions with a reminder related to the 2021 final rule on credit union service organizations (CUSOs) that expanded the list of permissible activities and services.

MASSENA, N.Y. – With a winter cold blast having hit the Northeast, SeaComm FCU is reporting it has now distributed $50,000 in grants to help some members cover the cost of heating fuel.

WASHINGTON–Passage of the credit union-opposed Credit Card Competition Act is needed to keep China from “infiltrating” the U.S. payments processing market, the Merchants Payments Coalition (MPC) told a House committee.

MADISON, Wis.–CUNA Mutual will host a webinar titled “Lessons in Generation Flux—Succeeding in an Age of Chaos” today from 2-3 p.m. ET. It is part of the company’s Discovery Webinar series.

ATLANTA – Bitcoin and crytpocurrencies may have seen a sharp drop in values over the past year, but a vendor of Bitcoin ATMs is reporting it continues to deploy the machines.

WASHINGTON–The House and the Senate are both back in session this week, with both sides of Congress coming together tonight for President Biden’s State of the Union address.

WASHINGTON–Credit unions are continuing to push back aggressively against the CFPB’s proposed new rules on credit card late fees.