WASHINGTON—Access to smaller lenders to the secondary mortgage market is vital to ensuring the housing finance market benefits consumers, CUNA Senior Director of Regulatory Advocacy and Counsel Elizabeth LaBerge told a Federal Housing Finance Agency (FHFA) “listening session.”
Fresh Today
ARLINGTON, Va.—Total vehicle sales fell from 18.8 million annualized units to 17 million annualized units in May. Monthly sales levels were up 40.3% year over year.
WASHINGTON–BizKid$, the credit union-backed financial education program for kids that airs on PBS and is overseen by the National CU Foundation, has named the winners of its first-ever national Biz Kid$ Showcase. More than 100 kids participated.
EL SEGUNDO, Calif.–Two new surveys have been released offering insights into employee financial resilience during the COVID-19 lockdowns, along with a look into racial disparity in financial wellness.
BOSTON—Despite expedited COVID vaccinations, eased restrictions in many states, and accelerated re-openings of several different industries across the U.S., Alignable’s June Revenue Poll indicates 35% of all small business owners are still at risk of closing permanently by the end of this summer.
WEST ROXBURY, Mass.–Energy Credit Union has named a successor to its retiring CEO, Paul N. Noce.
NEW YORK–With the coronavirus pandemic receding for every vaccine that reaches an arm, the push by some employers to get people back into offices is clashing with workers who’ve embraced remote work as the new normal—and that is leading some to quit, according to several new reports.
WASHINGTON–The new acting head of the Office of the Comptroller of the Currency (OCC) said crypto-charters granted by the OCC could be reviewed.
MILWAUKEE, Wis. – Emergifi has announced a new Password Management (as a Service) offering to credit unions.
MADISON, Wis.–The CUNA CEO Council has introduced the Through the Leadership Lens Virtual Series, which it said offers insights to CEOs on how they can improve their own credit union operations and member experience, as well as further their leadership skills.