Study re-examines homeownership, wealth creation

By Douglas Clark  |  November 24, 2017

A new study maintains that the idea of homeownership as the path to creating wealth may be due for a revision. Findings of the Florida Atlantic University, Florida International University, and University of Wyoming probe published in the Journal of Housing Research revealed households through their own actions have more control over their overall wealth than do uncontrollable market variables. “When considering buying and building wealth through equity appreciation versus renting and ...

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Millions of errors found within consumer credit reports, according to Sen. Nelson

By Dave Kovaleski |
November 21, 2017

According to a report released by U.S. Sen. Bill Nelson (D-FL) Friday, consumer credit reports are riddled with tens of ...Read More »

CFPB sues loan servicer that collected on debts not legally owed

By Dave Kovaleski |
November 20, 2017

The Consumer Financial Protection Bureau (CFPB) recently filed suit against loan servicing company Think Finance for dec...Read More »

Sen. Hatch sponsors tax plan that includes proposal for paid family leave

By Dave Kovaleski |
November 17, 2017

A new tax plan introduced by Sen. Orrin Hatch (R-UT), chairman of the Senate Finance Committee, includes a proposal by S...Read More »

House votes to reauthorize and reform National Flood Insurance Program

By Dave Kovaleski |
November 16, 2017

The House voted on Tuesday to reauthorize and reform the taxpayer-backed National Flood Insurance Program (NFIP) to stre...Read More »

Richard Cordray

Cordray to leave CFPB at end of the month

By Dave Kovaleski |
November 15, 2017

The director of the Consumer Financial Protection Bureau, Richard Cordray, is leaving his post at the end of the month. ...Read More »

Senators agree on regulatory reform package to help credit unions, regional and community banks

By Dave Kovaleski |
November 15, 2017

A bipartisan group of senators have agreed on a framework for a regulatory relief bill that is designed to help communit...Read More »

NAFCU applauds Senate for preserving credit unions tax exemption in tax reform bill

By Dave Kovaleski |
November 14, 2017

Credit Union advocates breathed a sigh of relief as the tax exemption for credit unions was not altered by a tax reform ...Read More »

Andrew Housser

CFPB files suit against Freedom Debt Relief for deceiving customers

By Dave Kovaleski |
November 13, 2017

The Consumer Financial Protection Bureau (CFPB) filed a lawsuit last week against the largest debt settlement company in...Read More »

Senators urge Republicans not to eliminate tax incentives that could impact 401(k)s

By Dave Kovaleski |
November 10, 2017

A group of Senators, including U.S. Senator Angus King (I-ME), are urging the Senate Finance Committee to protect and no...Read More »

Credit unions closely watching House Ways and Means as it reviews tax bill

By Dave Kovaleski |
November 9, 2017

The National Association of Federally Insured Credit Unions (NAFCU) is closely monitoring the Tax Cuts and Jobs Act, whi...Read More »

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