WASHINGTON–The level of non-conventional forms of financing for new single-family homes remained elevated during 2015, accounting for more than a third of the market, according to analysis of the Census Bureau Survey of Construction by the National Association of Home Builders (NAHB).
Fresh Today
ALBERTA, Canada–Synergy Credit Union here has partnered with the Lloydminster Catholic School Division (LCSD) to build a new recreation facility at Holy Rosary High School.
WASHINGTON–The Credit Union Advisory Council to the CFPB met here yesterday, including the eight new members representing credit unions. The meeting was focused on promoting financial education and the CFPB’s proposed rule on debt collection.
ONTARIO, Calif.–Richard Myles Johnson, the longtime leader of WesCorp and an icon to many in credit unions, has died. Mr. Johnson was 92.
WASHINGTON—NAFCU, CUNA and four other financial services trade associations are urging the Federal Financial Institutions Examination Council to delay compliance examinations of the Department of Defense’s Military Lending Act changes until March 3, 2017 – giving the industry six months to test its systems.
WASHINGTON–During July pending home sales in July reached their second highest reading in a decade.
WASHINGTON–Even though mortgage rates moved in different directions, the number of people applying for mortgages increased slightly during the week ended August 26.
ST. PETERSBURG, Fla.—For the fifth consecutive year, PSCU is inviting credit unions to bring their leading-edge thinkers to compete in “Knockout,” which it describes as an “innovation marathon.”
ONTARIO, Calif.—CU Direct is reporting that it has helped CUs fund more than $16.1 billion in loans midway through 2016—a record-high total for the company.
CLEVELAND—Cory Methodist Church CU here has merged into Eaton Family Credit Union of Euclid, Ohio, NCUA announced Thursday.