WILMINGTON, Del.–A decade after the financial crisis, the first of four former bankers here has been sentenced to prison for crimes related to efforts to cover up sinking real estate values.
Fresh Today
SHREWSBURY, Mass.—What percentage of small businesses carry consistent credit card debt?
BROOKFIELD, Wis.—Two Wisconsin credit unions have announced plans to build new headquarters.
HOBOKEN, N.J.–Americans expect to spend more—and in some cases, borrow more–this holiday season.
WASHINGTON–A report released by the Bureau of Consumer Financial Protection has found Wells Fargo charged high fees to college students who opened accounts and held debit cards, with costs that were higher than the average of any other financial institution.
LAS VEGAS–Some of the nation’s hottest real estate markets are cooling off. A slowdown in sales is being seen in markets that include Las Vegas and Phoenix, where prices still haven’t reclaimed their pre-housing crisis peaks.
WASHINGTON—The profit outlook for mortgage lenders fell for the ninth consecutive quarter in the final three months of 2018 due to a decline in demand for loans to buy homes and refinance existing mortgages, a quarterly survey of mortgage lenders found.
WASHINGTON—The Federal Housing Finance Agency (FHFA) has issued a proposal outlining how it will conduct its process for evaluating new credit scoring models for use by the government-sponsored enterprises (GSEs).
WASHINGTON—In a letter with six additional members of the House Financial Services Committee, Rep. Warren Davidson (R-OH) is encouraging the Department of Defense (DOD) to withdraw question No. 2 from its Military Lending Act (MLA) revised interpretive rule.
SAN DIEGO–San Diego Metropolitan Credit Union has changed its name. The $284-million CU is now Wheelhouse Credit Union, and with the new name comes a new graphic identity, logo and website.