If it Rains Hard In Next Week, Good News. Otherwise… 12/02/2018 04:08 pm WASHINGTON—Both the House and Senate passed a bill last week to extend funding for the National Flood Insurance Program (NFIP) through Dec. 7.
CU CEO To Also Lead Trade Group As It Searches For New Leader 12/02/2018 04:08 pm MARLBOROUGH, Mass.– Bernie Winnie, president and CEO of Firefighters Credit Union in Boston, has agreed to become interim CEO of the Cooperative Credit Union Association, in addition to overseeing his credit union.
Maximum Conforming Loan Limits Announced For Mortgages Acquired by Fannie, Freddie 12/02/2018 04:09 pm WASHINGTON—The Federal Housing Finance Agency (FHFA) announced its maximum conforming loan limits for mortgages acquired by government-sponsored enterprises Fannie Mae and Freddie Mac will increase in 2019 to a level of $484,350, an increase from $453,100 in 2018.
Home Sales Slide To Lowest Mark Since Early 2016 12/02/2018 04:10 pm ARLINGTON, Va.—New home sales declined 8.9% in October to the lowest level since March 2016.
New CEO Named To Pilot True Sky CU 12/11/2018 07:52 pm OKLAHOMA CITY, Okla.–True Sky Credit Union has named a new CEO.
Personal Income Was Up $85 Billion During October 12/02/2018 04:10 pm WASHINGTON–Americans’ personal income increased $84.9 billion (0.5%) in October, according to estimates released by the Bureau of Economic Analysis.
In Wake Of Fed Report, ‘Signs Of Developing Risks’ 12/02/2018 04:11 pm WASHINGTON—Following the release of the Federal Reserve's inaugural Financial Stability Report, NAFCU Chief Economist and Vice President of Research Curt Long said economic growth is strong, but "there are signs that risks are developing."
Total Consumer Credit Rises 12/11/2018 07:53 pm WASHINGTON—Total consumer credit rose 7.7% in October.
Tickets, Partnership Opportunities For Herb Wegner Awards Now Available 12/11/2018 07:54 pm MADISON, Wis.–Tickets and sponsorships are now available for purchase for the 31st annual National Credit Union Foundation Dinner Presenting the Herb Wegner Memorial Awards on March 11, 2019 at the Marriott Marquis in Washington.
Despite Tamping Down Speculation, Fed Still Likely to Raise Rates This Month 12/02/2018 06:34 pm WASHINGTON—The Federal Open Market Committee (FOMC) indicated that the timing of future rate increases remains uncertain, in line with recent comments made by Fed Chairman Jerome Powell.
