Fresh Today

Fresh Today

WASHINGTON—NAFCU and CUNA have each written letters to the House Financial Services Committee regarding several housing finance-related topics ahead of its hearing to provide oversight of the Federal Housing Finance Agency (FHFA), while also sending letters related to discussions around appropriations.

NEW YORK—U.S. bank executives said they're optimistic on loan growth as demand for borrowing from retail and business customers bounced back in the second quarter from the lows of the pandemic. But they are warning demand could weaken later this year if the worsening economic outlook starts to hurt consumer confidence, Reuters reported.