FARMINGTON HILLS, Mich. (4/11/16)--GreenPath Inc., a CUNA Strategic Services strategic alliance provider, is now operating as GreenPath Financial Wellness, with a commitment to assisting consumers with financial challenges beyond debt.
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.
CNBS LLC, a 25-year-old credit union service organization, has introduced a new outsourced Small Business Administration loan solution designed to assist credit unions interested in offering SBA 504 loans for their members.
FICO, the analytics and decision management software company, has unveiled FICO Consumer Fraud Control, a new solution for credit unions and banks that helps their cardholders configure card-usage controls and transactional alerts via the institution’s mobile app.
Consumer Financial Protection Bureau Director Richard Cordray will step down from the agency by the end of the month after serving since 2013. CUNA President/CEO Jim Nussle said CUNA looks forward to a new era at the bureau, one that takes credit unions’ structure and purpose into account during rulemakings.
Credit unions now have less than six months to come into compliance with FinCEN's Customer Due Diligence rule, effective May 11, 2018, which includes provisions on identifying the beneficial owners of legal entity accounts.