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  • Rise in Foreclosures Hits Heartland, Retirees

    It’s liable to be a rough ride ahead as foreclosures rise in what’s been a sizzling heartland housing market. As the Huffington…

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  • Credit Union Accuses Trump of ‘Hostile Takeover’ of CFPB

    A New York credit union has filed suit in federal court accusing the Trump Administration of a “hostile takeover” of…

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  • Student Loans Raise Other Risks as Debt Equals U.S. Junk Market

    U.S. student loan debt now equals the size of the $1.3 trillion U.S. high-yield corporate bond market, presenting investors with…

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  • NCUA Liquidates Riverdale Credit Union

    The NCUA said Monday it liquidated the $54.9 million Riverdale Credit Union in Selma, Ala., which posted a net income…

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  • Credit Unions Need to Be More Aware of Regulatory Activity

    I recently spoke at two different conferences for credit unions. During both speeches, I asked the audiences (approximately 125 people…

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  • CU Tax Exemption Likely Safe; House & Senate Prep to Resolve Differences

    Senate majority leader Mitch McConnell (R-KY) The tax overhaul legislation passed by the Senate early Saturday retains the credit union…

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  • Fannie-Freddie Watchdog Stokes Quiet Fight With White House

    While the CFPB grabs headlines, another independent U.S. regulator is quietly locked in its own showdown with the Trump administration.…

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  • Lending Director Fired for Alleged $825,000 Embezzlement

    In a move that is seldom taken by credit unions, the $213 million Florida State University Credit Union announced Thursday…

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  • House Members Introduce Resolution to Nullify CFPB Payday Rule

    A bipartisan group of House members on Friday introduced a resolution to nullify the CFPB’s payday lending rules. The rules,…

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  • Almost a Quarter of FIs Don’t Have CECL Implementation Committees

    About a quarter of financial institutions haven’t formed CECL implementation committees yet, according to new data from risk software company…

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