CUNA Economist: Warn Members of Cryptocurrency Risks
July 12, 2022 1:00 amA CUNA economist said credit unions need to advise their members on the risks of cryptocurrencies as data shows they... View Article
Categories for Headline News
Polish, American credit unions purchase Ukrainian relief ambulances through support fund
July 12, 2022 12:42 amA group of American and Polish credit union leaders have joined forces to create a support fund through Polish credit... View Article
Media City Credit Union in Burbank Awards 2022 College Scholarship
July 12, 2022 12:39 amMedia City Credit Union in Burbank, a financial cooperative who returns its earnings back to its Member-Owners, is pleased to... View Article
Credit Union Trades Applaud CFPB Decision To Supervise Fintechs
June 20, 2022 11:21 pmThe Consumer Financial Protection Bureau (CFPB)’s decision to establish supervisory powers over nonbank financial institutions will level the playing field and subject... View Article
DFPI’s Commercial Financing Disclosure Regulations Approved
June 14, 2022 9:33 pmSACRAMENTO – On June 9, 2022, the California Office of Administrative Law (OAL) approved the Department of Financial Protection and... View Article
CFPB Issues Order To Terminate Upstart No-Action Letter
June 8, 2022 10:30 pmUpstart requested termination of 2020 “no-action letter” to change its underwriting and pricing models JUN 08, 2022 Washington, D.C. –... View Article
FTC Action Results In Ban And Return For Richmond Capital And Owner From Merchant Cash Advance And Debt Collection Industries And Returns More Than $2.7M To Consumers
June 6, 2022 9:59 pmThe Federal Trade Commission’s lawsuit against RCG Advances, LLC and Robert Giardina has led to a court order that permanently... View Article
FTC Chair Lina M. Khan Testifies Before House Appropriations Subcommittee
May 18, 2022 4:43 pmIn testimony before the House Subcommittee on Financial Services and General Government, Federal Trade Commission Chair Lina M. Khan highlighted the... View Article
En Bank Fifth Circuit Rules CFPB Enforcement Action Can Proceed Against All American Check Cashing
May 9, 2022 9:49 pmBy Michael Gordon on May 9, 2022 POSTED IN CFPB, REGULATORY AND ENFORCEMENT The en banc U.S. Court of Appeals... View Article
Average Closing Costs for Purchase Mortgages Increased 13.4% in 2021
April 21, 2022 2:22 pmClosing costs kept pace with rapidly increasing home prices and purchase volumes The Eastern region of the U.S. had the... View Article
