WASHINGTON—Not surprisingly, inflation is a key forecast concern for the economy, according to the November 2021 commentary from the Fannie Mae Economic and Strategic Research (ESR) Group, which predicts the Federal Reserve will likely move to raise rates in 2022.
Fresh Today
TROY, Mich.–– As mortgage originators have struggled to manage surging refinancing volume and efforts to streamline new issuance with one-size-fits-all digital workflows, customer satisfaction with the process has eroded at critical points along the way, according to the new. JD. Power 2021 U.S. Primary Mortgage Origination Satisfaction Study.
ST. PETERSBURG, Fla.–Strong consumer spending in the initial weeks of the holiday season can be seen in the latest PSCU Payments Index.
WASHINGTON—A bill has been introduced in Congress that would prevent the Small Business Administration (SBA) from making direct loans under the 7(a) loan program.
SCHAUMBURG, Ill.— Raddon, a Fiserv company, has announced the winners of its 2021 Crystal Performance Awards.
ALEXANDRIA, Wash.–NCUA has retained an independent auditor to conduct what it said will be a “full-scope” material loss review (MLR) related to the failed Indianapolis’ Newspaper FCU, according to an agency Office of Inspector General report filed with Congress.
ATLANTA—A court has ruled in favor of a rehearing in a case involving the electronic transmission of debtor information.
AUSTIN, Texas–While nearly all eyes have been focused on NCUA and its new rule for what qualifies as a “service facility” for purposes of serving underserved communities, a new rule has also been approved for Texas’ state-chartered CUs.
LAS VEGAS–Silvur, an app designed to support Americans aged 50+ “navigating modern retirement,” was named as Best of Show during the Venture Tech fintech showcase here.
NAPERVILLE, Ill.–The “#ILoveMyCreditUnion” social media initiative will be returning in 2022, and a date has been selected, according to the Illinois Credit Union League, which championed the effort.