NEW YORK–Seeking to purchase a first home? Don’t go west, young man.
Fresh Today
WASHINGTON—Federal Housing Finance Agency Director Mel Watt said Monday that his agency will not add a language-preference question to its Uniform Residential Loan Application now but will take other steps to determine how best to gather such data, NAFCU reported.
WASHINGTON—The American Bankers Association is supporting NCUA’s effort to review and update two of its primary data collection vehicles.
PURCHASE, N.Y.—Will MasterCard become a payment service provider in China?
LOS ALAMITOS, Calif.–Two California credit unions have announced merger plans.
PORTLAND, Maine — A former Portland police officer who in 2015 pleaded guilty to embezzling more than $500,000 from a police credit union has been sentenced in federal court to a year and a day in prison and ordered to repay the entire sum.
WASHINGTON– Banks tightened their standards on commercial and industrial (C&I) and commercial real estate (CRE) loans over the second quarter of 2016, while demand for C&I loans was little changed and demand for CRE loans had strengthened during the second quarter on net, according to the latest results in the 2016 Senior Loan Officer Opinion survey on Bank Lending (SLOOS) released by the Federal Reserve.
FOSTER CITY, Calif.—The U.S. migration to EMV is marching steadily along, reports Visa, which announced there are now 326.8 million EMV cards in use.
ANN ARBOR, Mich.–Consumer confidence slid a bit in July from June. The University of Michigan reported its final index of sentiment declined to 90 in July from 93.5 in June.
HIGHTSTOWN, N.J.–Credit unions in New Jersey are rolling out a supplemental marketing strategy designed to tell credit union stories as a means to showcasing the CU difference.