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WASHINGTON—NAFCU, CUNA and nine other trade groups, have asked for a comment period extension to April 10 on a rulemaking petition that would reverse the Federal Communications Commission’s interpretation that those who knowingly release their phone numbers have given consent to be called under the Telephone Consumer Protection Act.

WASHINGTON—House Financial Services Subcommittee Chairman Bill Huizenga (R-MI) has reintroduced legislation that would clarify the definition of points and fees under the Truth in Lending Act as applied through the CFPB’s qualified mortgage rule.

WASHINGTON–There is a sweet lesson to be found for credit unions in a Cinnabon roll. An executive who helped turn that company around as president at age 31 told credit unions at CUNA’s GAC here that legacy businesses will always be afraid by what innovation businesses do, but that they owe it to their members to have leaders who are disruptive and innovative. But they must also understand two fundamental truths about any company’s brand.

WASHINGTON–Mortgage rates increased again last week. Freddie Mac’s Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage (FRM) averaged 4.16% for the week ending Feb. 23, up from 3.62% at the same time one year earlier.

BARCELONA, Spain—At Mobile World Congress Monday Mastercard announced that it will expand Qkr! with Masterpass, a mobile order-ahead and payment platform developed by Mastercard Labs, to six new markets and add new functionality to eliminate the traditional “open tab” at a bar, club or restaurant.

BELFAST, Maine–“Dozens” of members of Down East Credit Union here have been reporting unauthorized transactions in their accounts resulting in the loss of money that could be the result of a skimming device.

NEW YORK–The total amount of debt held by American households climbed in 2016 by the most in a decade and is approaching an all-time peak, according to a new report from the Federal Reserve Bank of New York.

WASHINGTON–The Federal Trade Commission is investigating one company over its use of GPS starter interrupter devices, sometimes called kill switches, with certain auto loan borrowers.