Hope Enterprise Corp. in Unique Transaction to Help Build Affordable Housing 10/08/2020 07:40 pm JACKSON, Miss. – In what it said is one of the first transactions utilizing separate investors to bring Opportunity Zone Fund (OZF) equity alongside Low-Income Housing Tax Credits (LIHTC), Hope Enterprise Corp. is reporting it has closed a deal to create high-quality, affordable housing in a distressed community in Mississippi.
Assiniboine CU Opens Renovated Branch as Part of NewGround-Led Project 10/08/2020 07:42 pm WINNIPEG, Alberta–Assiniboine Credit Union has opened a newly renovated branch here as part of a project led by NewGround Canada.
CFPB Releases New FAQs Around RESPA, Reg X Related To Gifts, Promotions, Marketing Agreements 10/08/2020 07:40 pm WASHINGTON—The CFPB has released new FAQs for the Real Estate Settlement Procedures Act (RESPA) and Regulation X related to gifts, promotional activities, and marketing services agreements (MSAs). In addition, the Bureau rescinded a 2015 compliance bulletin related to MSAs.
America First CU Launches Debit Card in Conjunction With NFL’s Raiders 10/08/2020 07:42 pm LAS VEGAS – America First Credit Union is launching the first-ever debit card in conjunction with the NFL’s Las Vegas Raiders. The $13.4-billion, Riverdale, Utah-based America First is the Raiders' official credit union partner.
Need Another Reason to Be Top of Wallet With Members? Here’s What Consumers are Saying About Holiday Shopping 10/08/2020 07:48 pm CHICAGO—Credit unions that aren’t top of wallet in members’ various digital apps will want to step up their marketing efforts, if a new survey of consumers’ holiday plans is any indication.
FOMC Meeting Minutes Reveal Some Optimism Around Economy, Support for Additional Stimulus 10/08/2020 07:43 pm ARLINGTON, Va.—Minutes from the Federal Open Market Committee's (FOMC) September videoconference meeting reflect a positive outlook on economic progress since the beginning of the coronavirus pandemic, but members are concerned over the uncertainty related to additional relief and stimulus from Congress.
Trump Says Negotiations Have Restarted Over Relief, Stimulus Legislation 10/08/2020 07:43 pm WASHINGTON–The negotiations over a new package of stimulus and relief legislation President Trump said were over two days ago are now apparently back on.
One Surprising Trend and Other ‘Curious Lifts’ in CO-OP Data 10/08/2020 08:04 pm RANCHO CUCAMONGA, Calif.—The waning days of summer saw a continuation of the credit and debit trends of recent months, reports CO-OP Financial Services, although the analysis found one surprising consumer spending trend: a growing interest in snowmobile purchases.
Fitness Co. To Donate 30% of Revenue to PenFed Foundation 10/08/2020 08:04 pm TYSONS, Va.—Practice Everywhere, a veteran-owned online fitness platform, announced it will donate 30% of national new member sales during October to the PenFed Foundation, up to $50,000.
European Central Bank President Makes Case for Digital Euro 10/08/2020 08:04 pm PARIS—Speaking before the Franco-German Parliamentary Assembly European Central Bank (ECB) President Christine Lagarde made a case for the digital euro, saying it would provide an alternative to private digital currencies.
