Straight to The Point: July 16, 2018

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star3 The New York Credit Union Association’s Member Relations team is once again offering budgeting assistance to credit unions as a benefit of membership – The Point

star3 NCUA and the Federal Trade Commission will host a Facebook Live event July 17 at 2 p.m. that will explain how military consumers can protect themselves from common scams – The Point

star3 Reminder: The New York Credit Union Foundation is offering three separate training sessions this summer for individuals interested in teaching the National Endowment for Financial Education High School Financial Planning Program – The Point

star3 Homeowners are sitting on a record amount of equity, but this time they’re stubbornly reluctant to borrow against it – Bloomberg

star3 The Justice Department, CFPB, FTC and other agencies are joining forces to combat consumer fraud through a new task force– CUToday

star3 An IBM Security study calculated the effects of “mega” data breaches range from 1 million to 50 million records lost, and projected those breaches cost companies between $40 million and $350 million – CU Times

star3 CUNA joined other trade organizations to back a Senate bill that would make regulatory relief changes to the Real Estate Settlement Procedures Act – CUNA

star3 Fannie Mae and Freddie Mac may be forced to take draws from the U.S. Treasury again, this time due to an accounting rule change for loan-loss reserves – CU Journal

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