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By David Morrison |
September 2, 2012
Although many credit unions may not have realized it, the second version of the federal government’s Home Affordable Refinance Program is a more workable and beneficial for both borrowers and credit unions than its predecessor, according to housing finance executives at credit unions that have begun making the loans.
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By Heather Anderson |
August 20, 2012
Just one of the provisions in the Consumer Financial Protection Bureau’s proposed rules on mortgage servicers released Aug. 10 could cost credit unions tens of thousands of dollars, representatives of the industry told the bureau.
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By Heather Anderson |
July 16, 2012
Navy Federal, PenFed among financial institution listed. Navy Federal says complaint was handled and member got financial relief.
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By Heather Anderson |
July 16, 2012
Combined mortgage disclosures, a new definition of APR, and an expansion of mortgage loans that qualify for Home Ownership and Equity Protection Act coverage were among major changes the Consumer Financial Protection Bureau proposed July 9 when it released two proposed rules.
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By David Morrison |
June 25, 2012
A new publicly available database of consumer complaints about big bank credit card programs may benefit credit unions trying to market their card programs, industry observers speculated.
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By Heather Anderson |
June 20, 2012
Trade group urges regulator to use efficient information collection methods to ease response burden on credit unions.
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By David Morrison |
June 19, 2012
A new publicly available database of consumer complaints about big bank credit card programs may benefit credit unions trying to market their own cards.
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By Michelle A. Samaad |
June 14, 2012
The Consumer Financial Protection Bureau said it has launched an investigation to learn more about the many ways in which older Americans are financially exploited.
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By Michelle A. Samaad |
June 11, 2012
Last fall, 16 secret shoppers visiting branches at some of the nation’s biggest banks found out just how hard it was to close an account.
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By Heather Anderson |
June 7, 2012
Agency official tells House panel that it may consider allowing non-working spouses to obtain credit.
