BROOKLYN, N.Y.—Olympic bronze-medalist fencer Monica Aksamit was named the 2016 “PSFCU Rising Star” by the Polish & Slavic Federal Credit Union following the Summer Olympic Games in Rio. Aksamit, 26, has been a member of the credit union for the past 18 years, and has been awarded $5,000 by PSFCU.
SAN FRANCISCO–Companies such as Airbnb that make it possible to rent rooms are doing more than upending the lodging industry: they are causing problems for homeowners seeking to refinance their mortgages.
SEATTLE–Homebuyer demand picked back up in July after posting month-over-month declines in May and June, according to new data from Redfin, a real estate brokerage.
WASHINGTON–The level of non-conventional forms of financing for new single-family homes remained elevated during 2015, accounting for more than a third of the market, according to analysis of the Census Bureau Survey of Construction by the National Association of Home Builders (NAHB).
ALBERTA, Canada–Synergy Credit Union here has partnered with the Lloydminster Catholic School Division (LCSD) to build a new recreation facility at Holy Rosary High School.
WASHINGTON–The Credit Union Advisory Council to the CFPB met here yesterday, including the eight new members representing credit unions. The meeting was focused on promoting financial education and the CFPB’s proposed rule on debt collection.
ONTARIO, Calif.–Richard Myles Johnson, the longtime leader of WesCorp and an icon to many in credit unions, has died. Mr. Johnson was 92.
WASHINGTON—NAFCU, CUNA and four other financial services trade associations are urging the Federal Financial Institutions Examination Council to delay compliance examinations of the Department of Defense’s Military Lending Act changes until March 3, 2017 – giving the industry six months to test its systems.
WASHINGTON–During July pending home sales in July reached their second highest reading in a decade.
WASHINGTON–Even though mortgage rates moved in different directions, the number of people applying for mortgages increased slightly during the week ended August 26.
