Fannie Mae has a new mortgage offering called HomeReady Mortgage, designed for creditworthy, low- to moderate-income borrower. It allows expanded eligibility for financing homes in designated low-income, minority, and disaster impacted communities.
Financial technology think tank Best Innovation Group has partnered with credit union strategic consulting firm Kordeleski Consulting to complement its technology services with Kordeleski’s strategic insight.
PSCU, a St. Petersburg, Fla.-based credit union service organization, announced a partnership with Member Driven Technologies (MDT) to provide call center support to MDT’s roster of credit union clients.
The U.S. House will vote next week on a bill that will delay the implementation of the Consumer Financial Protection Bureau’s new mortgage rule, and create a safe harbor protecting credit unions from legal recourse through Feb. 1, 2016.