by GrafWebCUSO | Jan 19, 2018 | News
A group of 40 Democratic senators is calling on Senate leaders to ensure that any final appropriations measure does not include a provision making the CFPB subject to the annual appropriations process. “Independent funding for the CFPB is critical for the agency...
by GrafWebCUSO | Jan 19, 2018 | News
The House on Thursday passed legislation that would exempt many credit unions from certain reporting requirements under the Home Mortgage Disclosure Act. Voting 243-184, the House passed H.R. 2954, which would increase the threshold that triggers HMDA disclosures to...
by GrafWebCUSO | Jan 19, 2018 | News
Seattle-based ICEBRG’s Security Research Team discovered four malicious Google Chrome extensions affecting some 500,000 users. These provide a substantial pool of resources to use for fraudulent purposes and financial theft. While performing a routine...
by GrafWebCUSO | Jan 19, 2018 | News
The NCUA board will consider its Strategic Plan at its Jan. 25 meeting. The board has been soliciting public comment on the draft plan, which establishes a variety of agency goals and objectives. The board also will consider its 2018 annual performance plan at the...
by GrafWebCUSO | Jan 18, 2018 | News
Credit unions continued to increase their role as secondary lenders for college students last year, with their private student loan portfolios growing faster than those of other private lenders and the federal government. Borrowers requested forbearance on their...
by GrafWebCUSO | Jan 18, 2018 | News
The House Financial Services Committee Thursday approved legislation that would exempt virtually all credit unions from CFPB rules. Voting 30-25, the committee approved H.R. 1264, which would exempt all financial institutions with less than $50 billion in assets from...
