Guidance on better serving and avoiding discrimination of lesbian, gay, bisexual and transgender Americans seeking U.S. Department of Housing and Urban Development housing has been issued by the agency.
Loan servicers will be required to delay mortgage foreclosures and evaluate borrowers for their eligibility for loss-mitigation programs, based on changes to the U.S. Department of Housing and Urban Development's Distressed Asset Stabilization Program
CUNA President/CEO Jim Nussle said Thursday that the field-of-membership rule changes proposed by the National Credit Union Administration at its open board meeting will provide greater choice for consumers, as well as flexibility for credit unions to better serve their communities.
Human trafficking, money laundering, trade-based money laundering and terrorist financing all come with their own sets of red flags for financial institutions. In addition, entities such as money services businesses and cash-intensive businesses can be legitimate, but also have potential to be used for illicit activities.