IRVINE, Calif.–The foreclosure inventory in the United States declined by 31.5% and completed foreclosures declined by 24.9% compared with October 2015, according to the October 2016 National Foreclosure Report from CoreLogic. Mortgages in “serious delinquency” are also down, although some states have seen an increase.
LITTLE ROCK, Ark.–The Arkansas CU Association has a new president.
ALEXANDRIA, Va.–NCUA has released both video of its most recent board meeting and the latest issue of its NCUA Report.
MADISON, Wis.—Summit Credit Union launched its new VISA Global Good Card campaign, developed in partnership with the World Council of Credit Unions (WOCCU).
WASHINGTON–Nearly two-thirds of credit unions say they are now using live decisioning in their consumer lending process, and are seeing lower delinquency rates than CUs not using loan decisioning.
WASHINGTON–While there has been considerable discussion of privatizing the two government-sponsored enterprises in mortgage lending, especially as a new Congress and administration take office, at least one analyst is saying the market shouldn’t hold its breath.
WASHINGTON—CUNA has written to the Consumer Financial Protection Bureau to reiterate its continuing concerns with the Bureau’s proposed Company Response Survey.
WASHINGTON–Some homeowners won’t have to pay or wait for an appraisal on certain refinance loans backed by Fannie Mae.
WASHINGTON–The FDIC’s board has approved a $2.18 billion operating budget for 2017, down 2.4% from 2016 and 46% lower than the peak in 2010 at the height of the financial crisis.
BROOKFIELD, Wis.–Fiserv has announced that three credit unions have turned to its solutions.
