WASHINGTON--President Trump Tuesday issued an Executive Order, “Stopping Wall Street from Competing with Main Street Homebuyers,” to prevent large institutional investors from buying single-family homes.
Fresh Today
WASHINGTON—President Donald Trump last week urged credit card issuers to adopt a one-year 10% interest-rate cap on credit cards beginning Jan. 20, framing the move as part of a broader effort to address affordability pressures.
WASHINGTON– “Passing this bill is about keeping our promise to veterans, honoring their service, and empowering them to succeed as business owners and community leaders,” says the Defense Credit Union Council (DCUC) and The American Legion.
LAWRENCEVILLE, Ga.–Used vehicle values were flat in December, Black Book reports.
WASHINGTON — A new Urban Institute research report finds that the Federal Home Loan Bank System is a key driver of lending growth for credit unions, with access to advances and system membership leading to higher total and real estate lending, particularly since the 2008 financial crisis.
NORFOLK, Va. — A Virginia Beach man was sentenced to 45 years in federal prison for orchestrating a sweeping identity-fraud and auto-loan scheme that defrauded Navy Federal Credit Union and harmed multiple victims, authorities said.
LAWRENCEVILLE, Ga.—After years of volatility that upended auto lending assumptions, Black Book says 2026 will mark a long-awaited return to stability in vehicle values—but not a return to simplicity.
WASHINGTON—As Washington’s credit card debate intensified last week, the Defense Credit Union Council moved quickly to brief its members, while also convening a Jan. 16 meeting to walk member credit unions through fast-moving legislative, regulatory, and political developments—and to map out what could come next on Capitol Hill.
WASHINGTON—The Defense Credit Union Council Tuesday submitted a letter to House Financial Services Committee leadership outlining its views on legislative proposals scheduled for consideration during the Committee’s hearing, “Oversight of the Department of Housing and Urban Development and the Federal Housing Administration.”
ST. PETERSBURG, Fla.--Velera, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, announced it will provide Financial Center with debit and credit card processing services.