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WASHINGTON–Thousands of homeowners will be eligible to have their mortgage balances cut under a plan approved by Fannie Mae and Freddie Mac.

ANAHEIM, Calif.–How can credit unions best manage the transition to a digital marketplace, especially when so many members still favor analog offerings?

WASHINGTON–Banks have paid fines of approximately $110 billion as the result of their actions toward the mortgage bubble and crash. But where has that money gone?

LONDON–Do you spend more time managing people--or managing email? Then enjoy (or rue!) this 1984 video explaining how to send an "electronic message."

WASHINGTON—The number of lawmakers signing a letter calling for the CFPB to use its authority to protect credit unions has now reached 330, according to CUNA.

PHOENIX—CFPB Director Richard Cordray said a final rule on prepaid accounts will be coming “soon,” while a rulemaking process on payday lending will begin “in the coming months.

WASHINGTON—It’s time to play close attention to developments in real-time money movement and the shift occurring in uses for P2P, according to CO-OP Financial Services.

WASHINGTON—As the Senate begins a two-week recess Monday, NAFCU said it will monitor hearings in the House Tuesday on fundamental tax reform proposals and another on oversight of the Federal Communications Commission.

HOUSTON–Members Choice Credit Union has made its choice in a new CEO. The credit union has named Randy Theilig as president/CEO.

WASHINGTON­–Mortgage rates last week rose for the second consecutive week, marking the only two weekly increases so far in 2016, according to Freddie Mac.