Time To Watch Longer-Term Auto Loans 01/27/2022 08:11 pm STAMFORD, Conn.—Lenders should be watching for the “ICE cliff,” because it’s approaching and it could have a significant negative impact on auto loan portfolios, especially those with longer terms.
New Home Sales Were up Nearly 12% in December 01/27/2022 08:35 pm ARLINGTON, Va.—New-home sales rose 11.9% in December to 744,000 annualized units, while November saw a downward revision of 19,000 units. Compared to last year, December sales were 14% lower.
FTC Issues Advisory Opinion Related to Attorney Fees and Cases Involving Loan Holders 01/27/2022 08:35 pm WASHINGTON–The Federal Trade Commission has issued an advisory opinion stating that the Holder Rule does not prevent state law from providing costs or attorneys’ fees against loan holders, as some courts have “incorrectly concluded.”
Cooperative CU Association Releases Video Highlighting Its Programs, Services 01/27/2022 08:11 pm MARLBOROUGH, Mass.— The Cooperative Credit Union Association said it has released a video highlighting the programs and services provided to credit unions in Delaware, Massachusetts, New Hampshire, and Rhode Island to “help them better serve their members.”
