The New York Credit Union Association is pleased to announce the winners of the Dora Maxwell Social Responsibility Community Service Award, which honors credit unions that strengthen local institutions and materially improve the lives of non-members through community outreach programs other than financial education – The Point
CUNA Mutual Group is encouraging c-level executives at credit unions to strengthen their institutions’ risk-management posture as they grow – The Point
Voting is underway for the Association’s contested board seat – The Point
House Speaker Paul Ryan, R-Wisconsin, confirmed that the Economic Growth, Regulatory Relief and Consumer Protection Act—S.2155—will move forward in the chamber – CUNA
According to the FBI’s the Internet Crime Complaint Center 2017 Internet Crime Report, the top three crimes reported last year were non-payment/non-delivery, personal data breaches and phishing-related – CU Times
Freddie Mac has quietly started extending credit to nonbanks that issue mortgages, but critics worry the financing could create an unfair market advantage that allows preferred lenders to muscle out competitors – Bloomberg
Mick Mulvaney, the acting director of the CFPB, is reshaping the bureau by staffing it with appointees who share his vision – CU Journal
The Legislature is tasked with appointing an acting state Attorney General, but they could hold off until November and let voters determine the new AG – Times Union
The blog highlights key mortgage lending issues – New York’s State of Mind