WASHINGTON–Mortgage rates have slid to a three-week low, but that hasn’t stopped refinancings from dropping to their lowest point in eight years. According to the Mortgage Bankers Association, the refinance share of mortgage activity last week was down a significant 44% of total applications.
WASHINGTON–Signed sales contracts to buy existing homes were up 5.5% in February, the second fastest pace of growth in more than a decade, according to the National Association of Realtors.
SAN FRANCISCO–Wells Fargo has agreed to pay $110 million to settle a class action lawsuit related to the opening of more than $2 million bogus customer accounts.
WASHINGTON—CFPB Director Richard Cordray will testify before the House Financial Services Committee April 5 on the Bureau's 2016 semiannual reports, which detail the Bureau's activities.
SAN ANTONIO–A $36,000 credit union has been chosen for a $10,000 prize.
WASHINGTON—An operation that collects debts owed to municipalities has agreed to stop engaging in allegedly illegal collection tactics under a settlement with the Federal Trade Commission.
MIRAMAR, Fla. – Tropical Financial Credit Union was featured this morning on national television.
OAK BROOK, Ill.—McDonald’s is testing mobile ordering and payments in select U.S. markets.
ROSELLE PARK, N.J.--Glenn South, CEO of County Educators FCU here, has died.
AMARILLO, Texas—A former employee of Amarillo Education CU here now faces a federal prison sentence of up to 20 years after aiding four other people in robbing the credit union, and then just months later, robbing the CU again.
