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While the new administration and Congress could change the CFPB, the bureau’s rules remain in effect and should be the subject of careful compliance.
The NCUA’s board chair says his top priority in 2017 is returning to credit unions the several billion dollars they’re owed from the regulator’s bailout of corporate credit unions in the Great Recession.
Amid planning for compliance and interchange hits, credit unions can count on a little help from their friends.
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Technology providers evaluate 2016 and look ahead to the coming year.
More than $8 billion of credit union money is tied up in and around the regulator’s bailout of the corporates, but little else is really known.
Class-action suits pile up and it’s very easy to run afoul of complex, outdated regulations surrounding auto-calls and collections.
Credit unions can invest in the startups and serve the end users.
The agency’s board ducks responsibility and shrouds in secrecy what’s happening with $3 billion in recoveries from the sellers of dubious private mortgage securities.
The small Oregon-Washington credit union uses internal efficiencies and external outreach to hit new heights.
CFPB Director Richard Cordray tells Money 20/20 audience about his agency’s programs to encourage product innovation, within limits.