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DENVER—First-party fraud is growing rapidly, says Velera, which shared data during VeleraLIVE here that reveals this crime a growing concern among credit unions.

ALEXANDRIA, Va.—NCUA has cancelled its open board meeting for April 17, marking the second consecutive open board meeting to be cancelled by the agency.

WASHINGTON—Do Todd Harper and Tanya Otsuka have legal standing to contest their removal from the NCUA board by President Donald Trump? Has any past president taken similar action? Can NCUA continue functioning without a quorum on its board? Is this the first step toward consolidating federal banking regulators?

BIRMINGHAM, Ala.—NCUA Chairman Kyle Hauptman has the authority to act on behalf of the NCUA board as its single member, based upon precedent established over 20 years ago, says former NCUA Chairman Dennis Dollar, who served for almost two months as the sole NCUA board member during his tenure as chairman in early 2002. 

MADISON, Wis.—Expect housing price growth to slow, or even reverse, in the coming years, as well as more consumers being able to afford a mortgage, predicts TruStage.

NEW YORK—Online cash advance company Cleo AI has agreed to pay $17 million to settle the Federal Trade Commission’s allegations that the company deceived consumers about how much money they could get and how fast that money could be available, the FTC reported.