WASHINGTON–Approximately two-million people are skipping their monthly mortgage payments in April, according to new data, and that number is expected to rise.
Fresh Today
MADISON, Wis.–In some countries credit unions have not been designated as “essential” during the coronavirus pandemic, according to the World Council of Credit Unions (WOCCU), which is urging governments and regulators to recognize the “critical” role CUs play.
ALEXANDRIA, Va.—The National Credit Union Administration is reporting outstanding enforcement orders against federally-insured credit unions fell in 2019.
JACKSONVILLE, Fla.—Self-driving cars are proving to be a resource for fighting the COVID-19 pandemic. For the first time in the United States, autonomous vehicles are being used to transport medical supplies and COVID-19 tests at Florida’s Mayo Clinic.
WASHINGTON—Three California-based student loan debt relief companies and their owner have agreed to be permanently banned from the debt relief business in order to settle Federal Trade Commission charges that they falsely promised to lower or eliminate consumers’ student loans in return for an illegal upfront fee.
WASHINGTON–Three federal banking agencies have issued an interim final rule to temporarily defer real estate-related appraisals and evaluations under the agencies' interagency appraisal regulations.
JACKSONVILLE, Fla.—VyStar Credit Union here and the City of Jacksonville have entered into a public-private partnership to support local small businesses affected by the coronavirus.
DENVER–A campaign themed “Yes, Denver, We’re Open” has been launched by Westerra Credit Union aimed at helping to bring awareness—and business—to the small locally-owned businesses that have remained open during the COVID-19 crisis.
MINNEAPOLIS, Minn.–One Federal Reserve president is throwing some water on the hopes by many the economy will see a quick recovery from the coronavirus pandemic. On the other hand, Moody’s is offering some optimism in a new report.
WASHINGTON–The National Credit Union Foundation has launched a new video series called “Together Tuesdays.”