The Consumer Financial Protection Bureau (CFPB) has charged ACI Worldwide and one of its subsidiaries, ACI Payments, for improperly initiating unlawful mortgage payment transactions. The order sai...
Read More
The U.S. Department of the Treasury has approved approximately $73 million in funding for 39 Tribal governments through its State Small Business Credit Initiative (SSBCI). The funding, via the Amer...
Read More
The Credit Union National Association (CUNA) has offered revisions regarding the Federal Housing Finance Agency’s approach to fair lending oversight and unfair or deceptive acts or practices (UDAP) ...
Read More
The Public Company Accounting Oversight Board (PCAOB) issued a proposal this week that is designed to improve audit quality and enhance investor protection. The proposal addresses aspects of design...
Read More
U.S. Sens. Ron Wyden (D-OR) and Susan Collins (R-ME) have joined 43 colleagues to reintroduce a bill they maintain would establish marriage equality within the tax code. The Equal Dignity for Marr...
Read More
U.S. House of Representatives passed legislation this week that reverses actions taken by the Biden administration on the Loan-Level Price Adjustment (LLPA) mortgage rule. The Middle-Class Borrower...
Read More
The National Association of Federally-Insured Credit Unions (NAFCU) is advocating the Community Development Financial Institutions (CDFI) Fund receives full budget funding to ensure credit unions can ...
Read More
The Credit Union National Credit Union National Association (CUNA) has joined other organizations in encouraging the Federal Housing Finance Agency’s (FHFA) revision of its credit scoring framework....
Read More
The House Appropriations Subcommittee on Financial Services and General Government (FSGG) included several items of interest to credit unions in its FY24 draft bill, including Consumer Financial Prote...
Read More
A bipartisan group of senators have introduced legislation that would provide Medicare coverage for cancer screening tests. The Medicare Multi-Cancer Early Detection (MCED) Screening Coverage Act ...
Read More