IRVINE, Calif.— Mortgage loans originated in Q4 2016 continued to exhibit low credit risk consistent with the previous quarter, and tighter than in Q4 2015.
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TACOMA, Wash.–An initiative has been launched to restore full funding for the Community Development Financial Institution (CDFI) Fund, which has been targeted by the Trump Administration for significant cuts.
WASHINGTON–CUNA has sent a letter to the House Financial Services’ Subcommittee on Oversight and Investigations related to its hearing on “The Bureau of Consumer Financial Protection’s Unconstitutional Design.”
ARLINGTON, Va.—A significant number of credit unions continue to participate in the secondary mortgage market, with more than half selling mortgage loans to Fannie Mae, Freddie Mac or both, according to respondents to NAFCU’s latest NAFCU's latest Economic & CU Monitor report
WASHINGTON—NAFCU is urging the Federal Housing Finance Agency to "diligently evaluate" the chattel loan market before it requires Fannie Mae and Freddie Mac to decide whether to pursue a pilot program and that it be transparent in implementing such a program.
MADISON, WIS.–The Filene Research Institute is inviting credit union industry leaders to attend a research colloquium tied to each of five Centers of Excellence. Located throughout the country, these day-long events explore in-depth issues affecting credit unions and consumer finance, Filene said.
BELFAST, Ireland–Martin McGuinness, who shared his life story of going from being a commander in the Irish Republican Army to becoming a proponent of peace in that divided country with a gathering of credit unions last summer, has died. Mr. McGuiness, who praised the “ethos of credit unions,” was 66.
GRAND RAPIDS, Mich.–CU*Answers said it will be part of a webinar hosted by AuditLink and Trust Exchange on Wednesday, March 29.
BOSTON–After 13 years leading the institution, Daniel G. Trombley will retire as CEO of Boston Credit Union on April 28.
TAMPA, Fla. – GTE Financial Credit Union said it has released a trio of new credit cards designed to help its members increase their credit limits, lower their rates, build credit or earn triple rewards, respectively.