Bureau provides clarification on contacting delinquent borrowers and guidance on home retention efforts after a borrower dies.
The $4.2 billion Pennsylvania Employee Credit Union is getting out of the student loan business, but Harrisburg, Penn.-based credit union’s decision isn’t related to recent criticism directed at loan servicer Sallie Mae.
The CFPB’s online complaint database should be extended to include all the nation’s credit unions and banks, regardless of size, NCRC report says.
Nicholas Ballasy has joined Credit Union Times as the publication’s Washington reporter.
CFPB issues report on CARD Act four years in.
Whatcom Educational CU volunteers to go first. "We have so many auditors looking at us anyway, what's one more?"
America has fallen woefully behind in providing adequate financial education to students and families, especially when it comes to student loans. Recent progress by government agencies, financial institutions and schools themselves is making up for lost time, but many college graduates will still face significant student loan debt that could...
The Consumer Financial Protection Bureau should increase transparency in a number of ways, according to a new report released Sept. 24 by the Bipartisan Policy Center.
In mid-October, Whatcom Educational Credit Union in Bellingham, Wash., will undergo one of the Evergreen State’s first separate examinations for consumer compliance, now required of all Washington state chartered credit unions with more than $500 million in assets.
The NCUA and other federal agencies said Sept. 24 that reporting suspected elder financial abuse does not generally violate privacy law.