WASHINGTON—Mortgage applications increased 2.2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 31, 2025.
Fresh Today
WAUSAU, Wis.—The $4.3-billion Connexus Credit Union has made additional cuts to its workforce, further trimming 18 positions in January following the layoff of 16 workers in November, the Wausau Pilot & Review reported.
BALTIMORE—Two new leaders have stepped in at credit unions in Maryland and Colorado.
NEW YORK – The New York Attorney General’s Office has settled with a network of 25 predatory lending companies controlled by Yellowstone Capital and its officers, the New York AG’s office reported.
WASHINGTON--The Defense Credit Union Council (DCUC) is stepping up efforts to make Congress aware the CU tax exemption must be preserved.
WASHINGTON—The Trump administration has introduced a new executive order outlining a stringent 10-1 deregulation initiative.
WASHINGTON—Proposed amendments to federal rules on appellate procedures will infringe on core First Amendment rights and impose unnecessary burdens. America’s Credit Unions and more than 120 other state and federal financial services organizations shared these concerns in a letter to the Judicial Conference of the United States Committee on Rules of Practice and Procedure.
WASHINGTON—House Financial Services Republicans will hold their annual retreat Tuesday, and the Independent Community Bankers of America (ICBA) is expected to make an appearance, according to a news report. However, credit unions, apparently, have not been invited.
NEW YORK –A coalition of 23 attorneys general have won a court order halting the implementation of a Trump administration policy that would block many federal agency grants, loans, and other financial assistance programs, the New York AG’s office reported.
WASHINGTON—The Trump Administration has named Scott Bessent acting director of the Consumer Financial Protection Bureau, the CFPB announced.