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Mary Schafer

Vice president, strategic advisory services

Mary Schafer is vice president, strategic advisory services at ADP.

TRENDING

Treasurys

Treasuries see hoped-for rally fizzle into another lagging year

The overall price drop was offset by interest payments, allowing a broad gauge of the Treasury market to post a gain of about 0.7% this year through Dec. 30.

By Ye Xie, Michael Mackenzie and Elizabeth Stanton

December 31
Law and legal issues

Couple sues Newrez for OK'ing fraudulent HELOC wire transfer

Newrez's servicing arm approved an "obviously counterfeit" HELOC request from a bad actor totaling almost $500,000, a complaint claims.

By Maria Volkova

December 31
Community banking

Georgia CU-bank deal unravels; another pops up in Michigan

A record 22 credit unions announced plans to acquire banks in 2024, though the year ended on a discordant note as regulatory concerns appear to have derailed a planned CU-bank deal in Georgia.

By John Reosti

December 31