Should CUs Support Abolishing The CFPB? 12/09/2024 09:24 pm WASHINGTON—Will America’s Credit Unions support dismantling the CFPB?
FSOC Report IDs ‘Pockets of Potential Vulnerability’ In U.S. Banking System 12/09/2024 06:30 pm WASHINGTON—The Financial Stability Oversight Council has released its 2024 report on stability risks to the U.S. financial system, and while the study describes the U.S. banking system as resilient, it identifies pockets of potential vulnerability that need continued monitoring, such as in the areas of commercial real estate, third-party relationships and cybersecurity, ABA Banking Journal reported.
CFPB Fines Debt Collection Company For ‘Scheme’ To Boost Profits 12/09/2024 06:29 pm WASHINGTON—The Consumer Financial Protection Bureau has taken action to address “unlawful” student loan debt collection practices by Performant Recovery, Inc. against defaulted borrowers, the agency announced.
Fannie Mae Revises Home Price Growth Outlook, Still Expects Deceleration In 2025 And 2026 12/09/2024 06:30 pm WASHINGTON—Following an average expectation for national home price growth of 5.2% in 2024, a panel of over 100 housing experts forecasts home price growth to decelerate to 3.8% in 2025 and 3.6% in 2026, according to the Q4 2024 Fannie Mae Home Price Expectations Survey (HPES).
Liberty First CU Reports Possible Data Breach 12/09/2024 07:28 pm LINCOLN, Neb.—The $479-million Liberty First Credit Union recently disclosed it suffered a data breach that compromised the sensitive personal data of thousands of individuals, Levi & Korsinsky, LLP, reported.
ACU Presses Congress For ‘Clean’ NDAA 12/10/2024 08:41 am WASHINGTON—Congress should support and advance a “clean” National Defense Authorization Act (NDAA) for FY25, America’s Credit Unions wrote to Congressional leaders.
