WASHINGTON–Sales of newly constructed homes during August declined to a 609,000 seasonally adjusted annual rate, according to the Commerce Department.
Fresh Today
HIGHTSTOWN, N.J. – Beginning in 2017, the New Jersey Credit Union League, Pennsylvania Credit Union Association, and the MD|DC Credit Union Association reported they will work together to manage and host the CU Reality Check Conference, scheduled for March 20-22, 2017 at Harrah’s Resort in Atlantic City, N.J. To date the Reality Check meeting has been managed by the New Jersey league.
LAWRENCEVILLE, Ga.—The rising price of new and used cars, as well as the fast-growing appeal of leasing, is generating momentum for the leasing of used vehicles, reports Black Book.
SACRAMENTO, Calif.–California’s credit unions were successful in getting a number of desired pieces of legislation through the just completed legislative session, according to the California league.
TORONTO, Canada—DUCA Financial Services Credit Union has launched the Community Hero Mortgage, a new mortgage product to help provide affordable housing for working, low-income families in the greater Toronto area (GTA).
ALEXANDRIA, Va.– NCUA said it will receive $1.1 billion to settle legal claims against Royal Bank of Scotland arising from the sale of faulty mortgage-backed securities to two corporate credit unions.
WASHINGTON–Four hearings before Congress will have the attention of credit unions this week.
WASHINGTON–A consumer group is accusing the trade association for the payday loan industry of fabricating some of the “personal” stories it has included in a press release it published that claimed the CFPB was ignoring “positive” stories from payday loan customers.
OMAHA, Neb. – Former NCUA Chairman Debbie Matz has been elected to the Mutual of Omaha Bank board of directors, according to the bank’s Chairman and CEO Jeff Schmid.
MISSISSAUGA, Canada—The battle between Walmart stores in Canada and Visa has escalated, with the retailer saying it will stop accepting Visa credit cards at its 16 stores in Manitoba in late October, USA Today reported.