The FHFA has announced that Fannie Mae and Freddie Mac (the Enterprises) are extending the moratoriums on single-family foreclosures and real estate-owned (REO) evictions until June 30, 2021.
Disaster Recovery Site Location Resource - view a list of credit union core processors and locations on the CU Statistics & Reports page (League members only)
Amplify CU Example Pandemic Plan - Thank
you to our friends at Amplify CU for sharing their excellent COVID-19
plan document so that other credit unions might benefit.
Over the past nine months, our country has experienced an unprecedented pandemic that featured a transmittable virus that spread like wildfire to millions of Americans.
In remarks delivered recently during a virtual AML conference, FinCEN Director Kenneth Blanco encouraged attendees to read FinCEN's advisories related to COVID-10 medical fraud, imposter scams, and cyber-related crime. He said that the most common trend FinCEN is seeing in COVID-19 related SARs involves fraudsters targeting multiple COVID-19 related government stimulus programs, employing money mules and cyber techniques.
As HR professionals, we know the importance of recruiting, and finding the best, most diverse pool of talent we can for our organizations is a top priority.
The ongoing need for physical distancing and remote working—and the limited ability of members to transact in-person—is making the adoption of person-to-person payments (P2P) by credit unions more essential than ever.