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.
Analysis shows largest student loan servicer at bottom of peer pool, could affect contract allocation.
Senate panel members backtracking on votes to support rate hikes in subsidized federal flood insurance program.
NCUA chairman to meet at White House today for closed-door Dodd-Frank update.
Richard Cordray was confirmed as director of the Consumer Financial Protection Bureau July 16, after Senate Democrats and Republicans successfully negotiated a deal that includes other pending nominees and will keep filibuster rules in place.
Bipartisan deal gets CFPB director the job officially while court fight continues and House leader lashes out.
During his June 27 confirmation hearing, NCUA Board nominee Richard Metsger dodged what might have been his most controversial question. Is raising the member business lending cap a good idea?
The Massachusetts Democrat sent Sallie Mae President/CEO Jack Remondi a letter that compared the lender’s use of FHLB funds to how big banks benefitted from TARP funds.
WASHINGTON — NCUA Board nominee speaks on first credit union loan, financial crisis lessons.
Sallie Mae chief responds to criticism earlier this week from Sen. Elizabeth Warren (D-Mass.)