ARLINGTON, Va.—Existing-home sales fell 3.7% in March to a seasonally-adjusted rate of 6.01 million units, representing a 12.3% increase in sales versus a year ago.
Fresh Today
LAKEWOOD, Colo.—Back office CUSO Aux recently added four new credit union clients.
HARAHAN, La.– More than 1.2 million Louisiana credit union members received more than $184 million in direct financial benefits during 2020, according to the Louisiana CU League’s new 2020 Credit Union Impact Report.
BOSTON–While many small business owners are feeling better about their prospects for 2021, many minority-owned small businesses are reporting paying their rent continues to be very difficult.
FARMINGTON HILLS, Mich.– Member Driven Technologies (MDT), a CUSO that hosts the Episys core processing system from Symitar, said it has launched a data analytics division to help credit unions better organize their data and make it more actionable.
WASHINGTON–The FDIC has announced a four-member team of undergraduate students from the State University of New York College at Geneseo won the agency’s inaugural FDIC Academic Challenge, a competition among university and college students concerning the U.S. banking sector.
MARLBOROUGH, Mass.–In a survey conducted by the Cooperative CU Association on when the world will “return to normal” has found a majority of CUs expect the future will be a “hybrid” mix of work from the office and from home. Just one-in-five expect everyone will return to the office.
WASHINGTON—The Consumer Financial Protection Bureau and New York Attorney General Letitia James filed a complaint in federal court to seize a $1.6 million home after alleging its ownership was fraudulently transferred by the operator of a massive and now-defunct debt-collection scheme.
BASINGSTOKE, U.K.–A new study from Juniper Research has found digital domestic money transfer transaction values will rise from $2 trillion in 2020 to $3.4 trillion in 2025, driven by growth of mobile money transfers.
WASHINGTON—Yellowstone Capital, a provider of merchant cash advances, will pay more than $9.8 million to settle Federal Trade Commission charges that it took money from businesses’ bank accounts without permission and deceived them about the amount of financing business owners would receive and other features of its financing products, the FTC said.