Florida home sales slow down after boom but steady

Home sales have dropped every month so far in 2016, but real estate agents say the market was bound to slow slightly after record-setting numbers in 2014 and 2015. Single-family sales in June, which reflect contracts signed one to two months earlier, were the highest for a month so far in 2016. Florida’s housing market […]

NCUA strategic plan includes removing the calendar-year exam requirement

Yesterday, following a vote of 2-0, the NCUA board approved its 2017-2021 strategic plan and in doing so highlighted its commitment to reducing the regulatory burden on CUs and possibly extending the exam cycle for well-run CUs. The new plan includes removing the calendar-year exam requirement. In adopting the plan, the board removed two agency performance […]

Gov. Bentley plans special session to address General Fund issues

Alabama Gov. Robert Bentley recently told The Montgomery Advertiser he would call a special session in late summer or fall to focus on the General Fund. An official announcement is pending, and the session is expected to address problems with funding for the Alabama Medicaid Agency. According to the newspaper, the Legislature appropriated $700 million from the […]

70 senators ask CFPB to ease regulatory burden for credit unions

An overwhelming, bipartisan majority of 70 U.S. senators have added their voices calling on the Consumer Financial Protection Bureau (CFPB) to tailor rulemakings to protect credit unions from regulatory burden. The combined advocacy efforts of CUNA and state credit union leagues bring total congressional support from both chambers to 399 signers. LSCU’s advocacy team worked […]

Fraud has impacted almost one third of consumers worldwide

Despite the adoption of fraud prevention solutions by financial institutions and merchants, along with EMV being implemented in most countries including the U.S., card fraud rates are on the rise. Nearly one in three consumers has been victimized, according to a recent surveys report by ACI Worldwide (NASDAQ: ACIW) and Aite Group. With 2,260 confirmed data breaches in 2015 […]