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.
Credit union technology solutions firm EPL Inc. and digital payments company Payveris have announced a partnership that will allow credit unions to offer a more unified, user-friendly, and consistent omni-channel digital payments and money movement experience to members.
CUNA Mutual Group has launched its new mortgage payment protection product for credit unions and members. The new product covers mortgage payments in the event of a borrower’s death, disability or involuntary unemployment.
Accenture has launched a new version of its Accenture Mortgage Cadence Enterprise Lending Center platform to provide new functionality around the Truth in Lending Act-Real Estate Settlement Procedures Act Integrated Disclosure Rule changes.
The U.S. Department of Labor’s proposed overtime rule would affect a substantial portion of credit union employees, particularly at smaller credit unions and those in rural or underserved areas, CUNA told the department Tuesday.