Compliance

The good news is, most credit union service organizations reported the process was relatively smooth. The big question now: how will the agency use all that data it just collected?

Even while FHFA finally embarked on a principal reduction plan, critics argued it was a dangerous idea that made Fannie Mae and Freddie Mac less safe while helping relatively few people.

Credit unions watching closely as they wait to see what sort of supplemental capital proposal will come out of the National Credit Union Administration.

After $29 million offer to resolve claims arising from losses over residential mortgage-backed securities, court's prejudgment interest pushes the total the Swiss banking giant owes the regulator to $50.3 million — so far.

If the EMV chip-card migration in the U.S. taught the payments industry anything, it's that some players meet compliance deadlines, while others let them slip by.

The Consumer Financial Protection Bureau named six people to top staff positions Tuesday, including the head of a new office for small-business lending.

Consumer Financial Protection Bureau faced hostile questions during oral arguments before a federal appeals court Tuesday as it sought to argue the constitutionality of its single-director structure.

Trade groups for credit unions and small banks breathed a sigh of relief last week after a panel unveiled updates to the latest version of the Financial Accounting Standards Board's controversial Current Expected Credit Loss standard.

The Society for Worldwide Interbank Financial Telecommunication (Swift) has created a service to help financial institutions comply with requirements governing payments messaging.

The National Credit Union Administration on Monday said it received $575 million as its part of a $5 billion settlement with Goldman Sachs.