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March

17
2023
Industry News

Consumer Watchdog Issues Warning to Private Loan Servicers

The Consumer Financial Protection Bureau is warning loan servicers to stop collecting private student loans that were discharged by bankruptcy courts, the agency announced Thursday.

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March

17
2023
Trends

Mortgage rates drop in wake of bank failures

Washington, DC (CNN)--Mortgage rates dropped this week in the wake of several bank failures, reversing course after rising half a percentage point over the past month. But longer-term uncertainty is expected to hamper many homebuyers and keep the cost of buying unaffordable for many.

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March

17
2023
Industry News

Bank Collapses Highlight Alternative Structure of Credit Unions

The collapse of two banks has put the U.S. financial sector into focus this week. Some are considering the alternative structures of institutions like credit unions. Troy Stang is the president and CEO of the GoWest Credit Union Association, which represents more than 300 credit unions in Oregon and five other states.

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March

17
2023
Industry News

ChatGPT Powered Polymorphic Malware Bypasses Endpoint Detection Filters

The number of monthly users of ChatGPT exceeded 100 million at the end of January, which sets a new record for the fastest-growing app since it was launched at the end of 2022. Jeff Sims, who works at the HYAS Institute, has created a polymorphic keylogger using artificial intelligence called “Blackmamba,” which uses Python to tweak its program randomly based entirely on the input that has been taken from the user.

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March

17
2023
Industry News

Pax­ton Secures Major Vic­to­ry to Shut Down Texas Robo­callers that Made Bil­lions of Ille­gal Calls

Attorney General Paxton won judgments shutting down a massive robocall operation involving John Caldwell Spiller II and his business partner, Jakob Mears. Spiller and Mears owned the Texas-based Rising Eagle Capital Group LLC, JSquared Telecom LLC, and Rising Eagle Capital Group–Cayman.

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