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MADISON, Wis.—Saying the COVID-19 crisis has further exposed the major disparity between credit unions that offer digital financial services and those that do not, the Worldwide Foundation for Credit Unions said it is looking to accelerate the digital transformation of credit unions worldwide through a new fundraising campaign

WASHINGTON–The Federal Housing Finance Authority said Fannie Mae and Freddie Mac have issued temporary guidance regarding the eligibility of borrowers in forbearance, or recently ended their forbearance, looking to refinance and purchase a home.

WASHINGTON–First Data Merchant Services and a former executive have agreed to pay more than $40.2 million to settle Federal Trade Commission charges they knowingly processed payments and laundered, or assisted laundering of, credit card transactions for scams that targeted hundreds of thousands of consumers.