CrossState Blog

May 3, 2023

CFPB Initiating a Review of Mortgage Loan Originator Rules 

The Consumer Financial Protection Bureau (CFPB) is initiating a review of the Mortgage Loan Originator Rules under Section 610 of the Regulatory Flexibility Act. The…

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May 3, 2023

Senate Hearings Scheduled this Week – NFIP, Rural Housing, Bank Failure 

The Senate Banking, Housing, and Urban Affairs Committee will conduct several hearings this week of interest to credit unions, while the House is in recess. …

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May 3, 2023

NCUA Chairman Harper Addresses the Inclusiv 2023 Annual Conference 

National Credit Union Administration (NCUA) Chairman Todd M. Harper spoke before the audience of Inclusiv’s 2023 Annual Conference in Memphis, Tennessee, yesterday. Chairman Harper also…

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May 3, 2023

U.S. Job Openings Dip to Lowest Since 2021 

U.S. job openings fell in March to the lowest level in nearly two years, a sign that the American labor market is cooling in the…

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May 3, 2023

Partner Demo: From Application to Approval to Closing, Complete Compliant support for the Credit Union Community 

Universal Services will present its many Products, Services, and Integrations that streamline a Credit Union’s First Mortgage, Consumer Lending, and Commercial Lending processes on May…

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May 3, 2023

Pennsylvania Bans Debt Collectors Who Target Nonprofits, First Responders 

Pennsylvania Attorney General Michelle Henry has announced that the FTC has agreed to permanently ban debt collectors that target businesses, nonprofits, and first responders. Henry…

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May 3, 2023

NJ Statehouse Officially Reopens After Six-Year Renovation  

New Jersey Gov. Phil Murphy and a cavalcade of elected officials officially marked the reopening of the New Jersey Statehouse Monday, six years after the project to…

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May 3, 2023

IRS: Pennsylvania Lost 14,000 People and $1.8 Billion 

Pennsylvania is losing residents by the thousands — and wealth by the billions. More people left the state than came here in 2020, according to…

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May 3, 2023

NJ’s Bond Rating Gets Another Upgrade  

For the fourth time in less than a month a major ratings agency has upgraded New Jersey’s credit rating, as Kroll Bond Rating Agency (KBRA)…

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May 3, 2023

State Fiscal Watchdogs Lead National Pushback on New Mortgage Fees 

Pennsylvania Treasurer Stacy Garrity led a coalition of state financial officials pushing back against new federal mortgage fees they call “unconscionable.” In a letter sent…

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