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WASHINGTON—The Consumer Financial Protection Bureau said it has taken action against the owner of a student-loan debt relief company for allegedly withdrawing hundreds of thousands of dollars from student borrowers’ bank accounts, without authorization.

RALEIGH/WINSTON-SALEM,N.C.–The Carolinas Credit Union League and two CUs in North Carolina have been offering video segments to the media as part of an effort to offer consumers more information on home shopping, especially as rates continue to rise.

ORLANDO, Fla.–As part of a broader effort to better diversify the credit union workforce, the first group of future credit union front-line workers is set to go to work in the southeastern U.S.

NASHVILLE—Volunteer Corporate is reporting it now has funding agent status on the RTP network, the real-time payments system from The Clearing House (TCH).

WASHINGTON—The U.S. Treasury Department is moving toward addressing the anonymity of unhosted crypto wallets as part of President Biden’s larger strategy to tackle illicit finance involving digital assets, according to a new report.

CARMEL, Ind.—Allied Solutions, a provider of insurance, lending, risk management, and data driven solutions, reported it is investing in Rate Reset.

AUSTIN, Texas–Credit Union Department Commissioner John Kolhoff has announced his resignation, effective July 15. The Credit Union Commission has launched a search replacement.

LANSING, Mich. — Seven adult members of LAFCU here who completed the credit union’s first comprehensive personal finance course are already reaping benefits from the 16-session course, the CU said.

WASHINGTON—The Federal Financial Institutions Examination Council (FFIEC), which includes NCUA, has announced the availability of data on 2021 mortgage lending transactions reported under the Home Mortgage Disclosure Act (HMDA) by 4,338 U.S. financial institutions.

SAN DIEGO–CU Revest, a Special Asset Management CUSO that has recovered millions of “uncollectable” consumer charge-offs and which is reportiing it has helped more than 4,000 “prior prime” members restore their borrowing privileges, said it is now offering flexible delinquency management support, contingency collection services, loss recovery with a guaranteed expense cap, and immediate or term-structured charge off portfolio purchase services to credit unions with assets of $200 million and above.