Links in “Agencies”
- Virtual Currency Founder Pleads Guilty to Laundering $250 Million
Liberty Reserve was a virtual currency that cybercriminals around the world used to launder more than $250 million. Its founder has pleaded guilty. [2/1/16]
- Tennessee Bank Hit for Fair Housing Issues
HUD hits First Tennessee Bank for $1.9 million to resolve allegations that it discriminated against African-American and Hispanic applicants and that it failed to place branches in minority areas. [2/1/16]
- FTC Upgrades IdentityTheft.gov
Consumers can now go online and get a free, personalized identity theft recovery plan. [2/1/16]
- CFPB to Ally Bank Settlement Recipients: Don’t Deposit That Check
Following reports that non-minority customers were receiving checks as part of the CFPB's Ally Bank settlement, the CFPB posted on its blog that if consumers think they received a check in error or they are not eligible, they should call the Ally Settlement Administrator. [2/1/16]
- CFPB Issues Complaint Volume Monthly Report #7
The CFPB has released its latest monthly consumer complaint snapshot highlighting consumer complaints about financial services such as debt settlement, check cashing, money orders, and credit repair noting key focus on fraud and problems with reliable customer service. [1/29/16]
- CFPB Touts Importance of Consumer Access to Credit Reports
The CFPB released its 2016 edition of the list of consumer reporting companies as well as the importance of checking credit reports. The free annual report lacks actual credit scores, but does provide consumers with a useful summary of their credit history. The CFPB is further promoting the importance of correcting errors detected in credit reports and methods for doing such. [1/29/16]
- FOMC Says âNoâ to a Rate Hike
The Federal Reserve Boardâs Federal Open Market Committee, which met on Tuesday and Wednesday, announced that they would not be making any changes in rates this month. The committee cited low inflation in the near term and weakness abroad and in the financial markets as the reasons for maintaining the status quo. [1/28/16]
- Don’t Get Penalized, File Your Call Report
Twenty-two credit unions are subject to civil monetary penalties for filing late Call Reports. The NCUA urges credit unions to "take advantage of the assistance NCUA offers." [1/28/15]
- Comments Welcomed Regarding NCUA Operating Fee and Overhead Transfer Rate Methodologies
The NCUA is requesting comments regarding Operating Budget primary funding mechanisms, Overhead Transfer, and annual Operating Fees, all in an effort to receive input from stakeholders representing federal and state-chartered credit unions. [1/27/16]
- The $10 Bill Tempest
The tempest over which woman to put on the $10 bill has caused Treasury to miss its self-imposed December deadline for an announcement. [1/27/16]
