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SANTA ROSA, Calif.–Redwood Credit Union announced the RCU Community Fund is providing nearly $7 million in grants from the North Bay Fire Relief Fund to 56 nonprofits supporting the immediate needs of victims of North Bay fires—an event that devastated the region and community after the fires erupted on Oct. 8, 2017.

WASHINGTON—Fannie Mae's Home Purchase Sentiment Index (HPSI) reached an all-time survey high in January, rising 3.7 points to 89.5. The enterprise's national housing survey revealed five of the index's six components saw increases during the month after a December dip.

HARAHAN, La. — The Louisiana Credit Union League has named Robert (Bob) Gallman as president and CEO, effective March 1.

WASHINGTON—Treasury Secretary Steven Mnuchin is taking the lead on bringing together federal government agencies to coordinate regulation of cryptocurrencies, the chairmen of two financial regulatory commissions said.

MADISON, Wis. – The Filene Research Institute has produced a case study of its “Filene Loaned Executive Program” as a potential model for credit unions to follow.

WASHINGTON–The House has passed the credit union-backed Mortgage Choice Act (HR 1153). The Mortgage Choice Act would provide relief to mortgage lenders by excluding certain charges from the points and fees calculation. 

MINNEAPOLIS, Minn.—According to a new survey of nearly 300 financial institutions across the country—no surprise—payments fraud losses remain an issue for a majority of respondents.

LOWELL, Mass.–Jeanne D’Arc Credit Union will host its eighth annual We Share A Common Thread Foundation Fundraiser.

WASHINGTON—The Community Development Financial Institutions Fund is inviting applications from credit unions and other institutions that qualify as CDFIs for up to $199 million in grants during its fiscal year 2018 funding round.

WASHINGTON—The CFPB has issued a request for information (RFI) about administrative adjudications.