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WASHINGTON — The Consumer Financial Protection Bureau has released an outline of practices it said provides mortgage servicers clarity, facilitate compliance, and prevent harm to consumers during the transfer of residential mortgages.

WASHINGTON—Treasury Department Secretary Steven Mnuchin said the Federal Reserve doesn't plan to create a facility to support nonbank mortgage servicers.

SUMTER, S.C. – SAFE Federal Credit Union said it has named a new president/CEO to succeed the retiring Darrell Merkel.