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The House last night passed the Mortgage Reform and Anti-Predatory Lending Act of 2007 (H.R. 3915) with some amendments but not a key one for credit unions.

The House last night passed the Mortgage Reform and Anti-Predatory Lending Act of 2007 (H.R. 3915) with some amendments but not a key one for credit unions.

The North Carolina Commissioner of Banks has issued a report that says that North Carolinians have not missed payday lenders after the state deauthorized payday lending in 2001.

After taking some time to mull over the provisions of Emergency Home Ownership and Mortgage Equity Protection Act of 2007 (H.R. 3609), CUNA has announced that it could support some "surgical" changes to the bankruptcy code as it applies to the subprime mortgage crisis.

During today's NCUA Board meeting, the agency approved a higher than anticipated budget increase following a new bargaining agreement with the National Treasury Employees Union.

Beginning on January 1 of next year, members of the Consumer Financial Services Association, the trade association that claims membership from 60% of payday lenders across the country, will start posting their loan fees on large posters in their lobbies, the association has announced.

With consumer interest in gift cards continuing to heat up, retailers want consumers to know that the cards they can buy and give from retail stores are often a better deal than those issued by banks and credit unions.

With consumer interest in gift cards continuing to heat up, retailers want consumers to know that the cards they can buy and give from retail stores are often a better deal than those issued by banks and credit unions.