WASHINGTON–The Fannie Mae Home Purchase Sentiment Index increased 1.6 points to reach a new all-time high of 85.3 in May.
Fresh Today
ARVADA, Colo.—Sundie Seefried, whose credit union has become a leader in providing financial services to the cannabis industry, has written a book on the subject.
PLANO, Texas–On the heels of announcing its new TranzCapture remote deposit services platform, Catalyst Corporate has selected half a dozen credit unions to begin testing this summer.
IRVINE, Calif.—A new analysis shows 268,000 homeowners regained equity in Q1 2016, bringing the total number of mortgaged residential properties with equity at the end of Q1 2016 to approximately 46.7 million, or 92% of all mortgaged properties.
MOUNTAIN HOME, Idaho—The $402-million Pioneer Federal Credit Union said it has completed a merger with Cornerstone Credit Union of Caldwell, Idaho.
WASHINGTON—CUNA last week sent three letters to Washington addressing concerns over the Department of Labor’s (DoL) changes to the Fair Labor Standards Act (FLSA), Federal Housing Finance Agency (FHFA) adjustments to the Uniform Residential Loan Application and the impact of “over-regulation” on CUs, respectively.
EAST LANSING, Mich.—MSU Federal Credit Union has introduced Saving Draggy, a financial literacy mobile app game for children ages 5-8. By engaging in a quest to save a baby dragon, children increase their cognition and understanding of basic financial concepts, the credit union said.
DETROIT–From the main stage at the Michigan Credit Union League and CU Solutions Group’s Annual Convention & Exposition, Gov. Rick Snyder signed into law the first comprehensive update to the Michigan Credit Union Act in 13 years.
ALEXANDRIA, Va.– More than half of federally insured credit unions in every state reported growth in loan balances over the year ending in the first quarter of 2016, according to state-level data compiled NCUA.
NEW YORK—Which Americans have the highest levels of credit card debt?