WASHINGTON--Pending home sales in August increased by 4.0% from the prior month and rose 3.8% year-over-year, according to the National Association of REALTORS Pending Home Sales Report.
Fresh Today
WASHINGTON--The Financial Crimes Enforcement Network has published a survey seeking compliance cost estimates from specific non-bank financial institutions as it examines ways to reduce costs associated with anti-money laundering, counter-financing of terrorism (AML/CFT) compliance.
SACRAMENTO— The California Credit Union League has joined mortgage lenders and other trade associations in suing to block a new state law that restricts foreclosures on so-called “zombie mortgages,” arguing it is unconstitutional.
NEW YORK—Morgan Stanley is preparing to launch cryptocurrency trading for retail clients through its E*Trade division in the first half of 2026, according to Reuters.
ARLINGTON, Va.— Arlington Community Federal Credit Union and CommonWealth One Federal Credit Union have announced plans to merge, the organizations reported.
MENTOR, Ohio—The $335-million Cardinal Credit Union, official credit union of the Cleveland Browns, has teamed up with fintech firm Bits of Stock to launch a stock rewards program for members ages 18 to 28, ATM Marketplace reported.
WASHINGTON—The level of commercial/multifamily mortgage debt outstanding increased by $47.1 billion (1.0%) in the second quarter of 2025, according to the Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report.
TROY, Mich.—Even as the share of financially unhealthy Americans holds steady, many households are hustling harder than ever to keep their balance sheets afloat, J.D. Power reports, emphasizing FIs can step in and play an important role.
WASHINGTON--The Trump Administration has rejected Federal Reserve Governor Lisa Cook’s claim that her dismissal would be unlawful, telling the U.S. Supreme Court that the President’s attempt to remove her falls within his authority, Reuters reported.
WASHINGTON— As the government funding deadline looms, both the Defense Credit Union Council and America’s Credit Unions warn a shutdown now appears all but inevitable.
