WASHINGTON— Mortgage applications decreased 6.4% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 24.
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WASHINGTON— Credit unions have less than two weeks to influence potential mortgage regulatory changes, as the Consumer Financial Protection Bureau seeks industry input on ways to reduce compliance burdens and expand access to mortgage credit.
WASHINGTON--Credit union loans outstanding increased 0.12% in May, compared to a 0.19% increase in April, and a 0.48% increase in May 2025, according to America’s Credit Unions’ latest Monthly Credit Union Estimates.
MINNEAPOLIS, Minn.--Branch is expanding its earned wage access platform, allowing companies to embed the service directly into workforce applications such as scheduling and shift management tools, a move aimed at making on-demand pay more accessible to employees, according to PYMNTS.
McLEAN, Va.— Capital One has won dismissal of a proposed class-action lawsuit accusing the bank of charging excessive interest rates on its credit cards, after a Maryland federal judge ruled the National Bank Act did not bar the company from charging rates above Virginia's general statutory limit, Reuters reported.
ROCKY HILL, Conn.-Credit unions that view the revised Clarity Act simply as legislation governing stablecoins are missing its far broader strategic implications, according to Jon Ungerland, CIO and chief of staff at DaLand CUSO.
SAN JOSE, Calif.—PayPal delivered stronger-than-expected second-quarter results and raised its full-year profit outlook Tuesday as it sought to reassure investors that its turnaround strategy can create more value than a reported $53-billion takeover bid from Stripe and Advent International first reported earlier this month, Reuters reported.
REDMOND, Wash.--Microsoft has unveiled a new artificial intelligence-powered cybersecurity platform that combines specialized security agents with a new cyber-focused AI model the company says outperforms competing models, including Mythos 5, while costing roughly half as much, Bank Info Security reported.
WASHINGTON--The Defense Credit Union Council is urging the Senate Banking Committee to strengthen the Digital Asset Market Clarity Act before final passage, arguing the legislation should give credit unions explicit authority to offer digital asset services while closing what it said are regulatory gaps that could disadvantage the industry and leave military families more vulnerable to fraud.
GREENSBORO, N.C.—Vizo Financial will bring credit union leaders to Asheville, N.C., Sept. 16-18 for its 2026 Financial Conference, featuring a strong lineup of education sessions led by industry experts at The Omni Grove Park Inn.