WASHINGTON — Mortgage applications increased 11.0% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Feb. 27.
Fresh Today
WASHINGTON--Deregulation is a priority for the Administration, and the NCUA is committed to reducing regulatory burdens for credit unions. A Governmental Affairs Conference breakout session addressed this commitment and the agency’s Deregulation Project with a panel featuring NCUA Office of External Affairs and Communications Director Sierra Robinson, America’s Credit Unions Regulatory Advocacy Senior Counsel Luke Martone, and California and Nevada Credit Union Leagues Vice President of Regulatory Advocacy Lisa Quaranta.
WASHINGTON—Credit unions continue to serve a disproportionate share of Americans with modest incomes and limited wealth—households banks are less likely to reach—according to new analysis shared by America’s Credit Unions Chief Economist Curt Long during a Governmental Affairs Conference session.
DENVER--Kansas City Federal Reserve President Jeffrey Schmid said Tuesday he remains opposed to additional interest-rate cuts, arguing inflation remains too high and the labor market appears balanced, Reuters reported.
WASHINGTON--As the House Financial Services Committee prepares to mark up the Main Street Capital Access Act (H.R. 6955), America’s Credit Unions shared support of several key provisions, while calling for more to address credit union needs.
RIVERSIDE, Calif. — Credit One Bank has agreed to pay $10.2 million to settle allegations it used aggressive and unlawful debt-collection tactics against California consumers, according to reporting by NBC Palm Springs, citing the Riverside County District Attorney’s Office.
COLUMBUS, Ohio--Klarna is turning checkout clicks into full-fledged banking relationships, with new earnings data showing that pay-over-time activity is increasingly converting shoppers into deposit and account customers, according to reporting by PYMNTS.
WASHINGTON—The third day of the Governmental Affairs Conference brought credit union advocates closer to Capitol Hill, with timely remarks from federal officials, including Federal Reserve Bank of New York President/CEO John C. Williams and Sen. Pete Ricketts (NE).
WASHINGTON--Senator Roger Marshall has filed a non-germane amendment to the Housing for the 21st Century Act that would insert the Credit Card Competition Act’s government-mandated routing provisions into the legislation.
WASHINGTON—Speaking with humor, humility and unmistakable moral clarity, Brig. Gen. Enoch “Woody” Woodhouse reminded attendees at the Defense Credit Union Council’s 2026 Defense Matters event here that their work is about far more than balance sheets.