TROY, Mich.— After years of shrinking volumes, the mortgage market is showing fresh signs of life—and credit unions are well positioned to capitalize, a new study reveals.
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SANTA MOINICA, Calif.—Used-car prices continue to climb even as sales slow, with electric vehicles emerging as the standout performer in an otherwise cooling market, according to new analysis from Edmunds.
NEW YORK—U.S. light-vehicle sales slowed in October as the market absorbed the loss of key electric vehicle tax credits and a seasonal dip in consumer demand, according to preliminary data from GlobalData.
WASHINGTON — The American Bankers Association is investing in PortX, an AI-powered data integration platform built for community banks and credit unions that addresses the growing need for digital transformation in the financial services sector, the ABA announced.
WASHINGTON— Mortgage applications increased 0.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Nov. 7.
WASHINGTON—White House officials are reportedly seething at Federal Housing Finance Agency Director Bill Pulte, who persuaded President Trump to float a 50-year mortgage proposal, according to POLITICO.
BENTONVILLE, Ark.—Walmart is rolling out a suite of new artificial intelligence features aimed at streamlining holiday shopping, the company announced.
MIAMI—U.S. auto loan balances continue to climb, with total outstanding debt approaching $1.7 trillion and the average household owing roughly $13,800 as of the second quarter of 2025—just shy of a record high, according to new data from WalletHub.
KINGSTON, N.Y. –The $1.6-billion Mid-Hudson Valley Federal Credit Union has named Razi Qadri president and CEO, the CU announced.
MARTINSBURG, W.Va.—A federal court has certified a statewide class action against the $30-billion Pentagon FCU that is accused of charging unauthorized “pay-to-pay” fees to borrowers, according to JD Supra.