ARLINGTON, Va.—New-home sales boomed 20.7% in March—from February’s upwardly revised rate of 846,000 annualized units to 1,021,000 units during the month—the highest level since August 2006.
Fresh Today
ARLINGTON, Va.–When credit union leaders were asked in a new national survey to rate on a -10 to 10 scale their expectations for growing compliance burden under the CFPB and NCUA, the average score was an 8, indicating strong pessimism over the paperwork that lies ahead.
ALEXANDRIA, Va.–A focus by one member of the NCUA board on internal fraud is certainly deserved, according to one NAFCU exec.
NEW YORK–With many companies making plans to reopen offices this summer and later this year, both the companies themselves and academics are studying how the virtual work arrangements they’ve relied on during the pandemic will factor into their long-term plans — or not.
WASHINGTON–The Senate this week will hold a hearing on so-called “rent-a-banks,” an issue on which a large number of consumer groups and state attorneys general have been calling for action.
WASHINGTON–It should be a quiet week for credit unions on Capitol Hill.
HENDERSON, Nev.–The biggest error any credit union can make? Fear of errors, according to one person.
WASHINGTON—The nominations period for two special elections for the CUNA board has passed, the trade association announced.
SACRAMENTO, Calif.–The annual Credit Union SacTown Run, held virtually this year due to ongoing COVID-19 pandemic concerns, raised $200,050 for 11 Children’s Miracle Network hospitals in California and Nevada.
TYSONS, Va.–PenFed Credit Union is reporting the first quarter of 2021 was the strongest in its 86-year history, including the origination of a record $3-billion in mortgage loans and a record $2.29 billion in consumer loans.