WASHINGTON—Funding for community development financial institutions is once again in the cross-hairs of the Trump Administration. Since President Trump was elected, the administration has put forward several proposals eliminating or sharply reducing funds for CDFIs, and in each case Congress has restored the funding or even increased it.
Fresh Today
COSTA MESA, Calif.–What’s in your (mobile) wallet? Greater satisfaction with mobile apps and the card application process, according to two new studies released by J.D. Power.
WASHINGTON—The BCFP has filed an order dismissing its case with PHH Corporation.
RIVERSIDE, Calif.–Altura Credit Union here has made a $600,000 pledge to the planned Cheech Marin Center for Chicano Art, Culture & Industry at the Riverside Art Museum.
WASHINGTON—The BCFP is being urged to "fully utilize" its exemption authority and make greater use of advance notice of proposed rulemakings (ANPRs).
WASHINGTON—The Fannie Mae Home Purchase Sentiment Index (HPSI) rose 0.6 points in May to 92.3, reaching a new all-time survey high for the second consecutive month.
LONDON–German bank Sparkasse plans to establish a €30-million pilot project in Westmeath and Fingal in Ireland., with each area partnered for support with an individual not-for-profit regional bank in Germany, according to a new report.
MECHANICSBURG, Penn.–To honor its former CEO who died unexpectedly in 2017, Members 1st FCU joined with the West Shore Chamber of Commerce to dedicate the Bob Marquette Memorial Garden.
PURCHASE, N.Y.—A new study from Mastercard reveals insights into the opportunities and challenges around what’s known as “Conversational Commerce.”
NEW YORK–Navy Federal Credit Union was the second-biggest spender on television advertising nationally for mortgages over a three-month period earlier this year, according to a new analysis.