More than 5,500 credit unions are beginning to receive statements this week showing their share of a $160 million payout by their federal regulator of excess funds from the federal insurance fund for the cooperative […]
A webinar focusing on the interagency final rule on private flood insurance issued in February, and which goes into effect July 1, is scheduled June 18 by the federal insurer of bank deposits; the event […]
Attorneys at a law firm were not “meaningfully involved” in preparing or filing lawsuits over debt collection despite the law firm’s alleged representation that they were – and that was enough to trigger a lawsuit […]
A state-chartered, federally insured credit union that was taken over by New York regulators Friday is under conservatorship of the National Credit Union Administration (NCUA) and continues to serve members at all of its 22 […]
The Consumer Financial Protection Bureau’s (CFPB) proposal that, among other things, would allow debt collectors to attempt to contact consumers up to seven times a week by phone over a specific debt will be out […]
The federal credit union regulator’s “proof of concept” application for chartering new federal credit unions is entering its second phase of review, according to a notice of “information collection” to be published Tuesday in the […]
Financial system risk, the government’s fight against illicit financing, and low-income-designated credit unions’ ability to accept deposits from public units and nonmembers are the key topics showing up on federal regulators’ schedules for the week […]
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Debt collectors would be allowed up to seven telephone-contact attempts a week with consumers about a specific debt under a proposal issued by the federal consumer financial protection agency Tuesday. In a release, the Consumer […]
Banks tightened standards across all three major commercial real estate (CRE) loans categories – construction and development loans, nonfarm residential loans, and multifamily loans – over the past three months as demand in all three […]
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