WASHINGTON–Mortgage rates, which not long ago were predicted to be in for a slow but moderate increase during 2021, instead fell again last week, the third straight weeks have remained below 3%.
Fresh Today
WASHINGTON–The ways in which consumers used payday, title, and pawn loans over periods in 2019 vs. 2020 and the reasons that contribute to why consumers use them have been detailed in a “Data Point” report released by the CFPB.
WASHINGTON—Comments on a number of proposals issued by NCUA and the Consumer Financial Protection Bureau are due in May, beginning today.
LAWRENCEVILLE, Ga.— Used values continue to show record-level value retention, Black Book reports.
WASHINGTON—Lawmakers Tom Malinowski (D-NJ) and Sheldon Whitehouse (D-RI) have written to Treasury Secretary Janet Yellen asking her to impose a “war-like footing” in the U.S. Treasury Department to combat money laundering, corruption and kleptocracy.
TAMPA—Trellance, a provider of data analytics, business intelligence, and professional services for credit unions, reported it is partnering with Kaleyra, a communications platform as a service (CPaaS) provide.
WESTBROOK, Maine–A merger between two credit unions 1,200 miles apart has been approved by members. Members of Infinity Credit Union have approved a merger with Deere Employees Credit Union (DECU) of Moline, Ill.
WHATCOM, Wash.–Two Washington credit unions, one of which has a net worth ratio of more than 25%, have announced a merger. Members of the $12.1-million Tesoro Northwest FCU have voted in favor of merging into the $338-million North Coast Credit Union.
SCOTTSDALE, Ariz. – The Mountain West Credit Union Association (MWCUA) has concluded its first-ever hybrid annual meeting and convention, combining an in-person event at the Fairmont Scottsdale Princess with presentations also appearing virtually on an interactive online platform. The annual business meeting was live cast to those members participating on the virtual platform.
WASHINGTON–A report examining 2019 and 2020 by the FDIC’s Office of the Ombudsman found the agency has responded to banking industry complaints over issues ranging from fears of retaliation by FDIC officials to concerns over examinations and appeals.