WASHINGTON–A governor on the Federal Reserve Board said the appreciation in home prices may have forced many would-be buyers to the sidelines, but the trendline poses less risk to financial stability than similar increases in the mid-2000s that led to a housing bubble and subsequent collapse.
Fresh Today
DENVER–Colorado’s credit unions have lost a battle in the state legislature and will not be permitted to accept deposits from local governments.
ST. LOUIS– What are the factors that have led so many people to quit their jobs? A new survey of workers who have quit and contributed to the “Great Resignation” offers some answers.
MARSHALL, Calif.–A new analysis suggests the nation’s credit unions and banks could be the next target for labor unions looking to organize workers.
KANSAS CITY, Mo.–Mazuma Credit Union has been named the “Official Mortgage Lender” by Major League Soccer’s Sporting Kansas City.
GOODLETTSVILLE, Tenn.—Dollar General has become the latest to begin providing financial services to its customers, including buy now, pay later (BNPL).
WASHINGTON—Systemic bias in home appraisals exacerbates the homeownership gap, racial wealth gap, and harms long-term U.S. financial security, according to a letter sent by CUNA to the Senate Banking, Housing and Urban Affairs Committee.
WASHINGTON—The Home Mortgage Disclosure Act (HMDA) Modified Loan Application Register (LAR) data for 2021 are now available on the Federal Financial Institutions Examination Council’s HMDA Platform.
LONDON—Consumers risk losing all their money invested in cryptoassets and could fall prey to scams, the European Union's securities, banking and insurance watchdogs have cautioned a joint statement.
MADISON, Wis.–Credit unions added 96,000 memberships in January, significantly below the 514,000-gain recorded in January 2021, according to CUNA Mutual’s latest Trends Report.
