FHFA’s ‘Bi-Merge’ Proposal Could Have ‘Unintended Consequences,’ Do Little to Reduce Costs, Suggests TransUnion 10/16/2023 07:16 pm CHICAGO – The Federal Housing Finance Agency’s (FHFA) proposed change to utilize two instead of three credit reports during the mortgage application process could result in “unintended consequences for consumers while doing little to achieve the organization’s stated goal of reducing mortgage borrower costs,” according to TransUnion.
As Biggest Banks Report Big Earnings, They Also Caution Good Times May be Ending 10/16/2023 07:18 pm NEW YORK–The latest earnings from the largest banks reflect robust economic growth, but those same banks are warning the good times may be coming to an end.
Berger, Nussle Call Bank Attacks on CU Tax Exemption ‘Frivolous’ Attempt to ‘Knee-Cap Credit Unions’ 10/16/2023 07:16 pm WASHINGTON—In response to an attack by a banking industry trade group that questioned credit unions’ tax exemption and more, NAFCU President and CEO Dan Berger and CUNA President and CEO Jim Nussle have authored a rejoinder.
Visions FCU Awards $100,000 to Educators to Help Reduce Student Loan Debt 10/16/2023 07:16 pm ENDWELL, N.Y. – Visons Federal Credit Union said it has awarded $1,000 to each of 100 educators to help reduce their student loan debt.
Former Employee Among 5 People Charged in Fraud Conspiracy Against Credit Union 10/16/2023 07:16 pm ALBANY, N.Y. – Five people, including a former employee, have been indicted and arrested in connection with a bank fraud conspiracy that targeted the former SEFCU, which is now Broadview Federal Credit Union.
San Mateo Credit Union Intro’s New Name, Brand 10/16/2023 07:17 pm REDWOOD CITY, CALIF. –San Mateo Credit Union has introduced a new name and brand. The $1.68-billion CU is now Monterra Credit Union.
