WASHINGTON–Fixed mortgage rates ticked up a bit last week, but remain well below 4% as the spring and summer home buying seasons get under way.
Fresh Today
WASHINGTON—The Federal Financial Institutions Examination Council has announced two actions.
ST. PETERSBURG, Fla.—Six years after the National Institutes of Health Federal Credit Union sold its credit card portfolio, the CU has re-entered credit card issuing with the support of PSCU and its consulting arm, Advisors Plus.
ONTARIO, Calif.–CU Direct will host a webinar on May 3 on the State of the Credit Union Auto Lending Market: Auto Lending Trends, Credit Union Analysis & Auto Industry Update.
WASHINGTON–The Pew Charitable Trusts has released a new “chartbook” that examines people who frequently overdraft their checking accounts. Titled “Heavy Overdrafters: A Financial Profile,” the release seeks to use graphics and narrative text to show the results of a survey of consumers who incurred more than $100 in overdraft fees over a one-year period (“heavy overdrafters”).
RALEIGH, N.C.–State Employees CU is reporting that by the close of tax season on April 18, its tax preparers throughout the state had completed and electronically filed nearly 111,000 federal and state income tax returns for North Carolina residents.
NEW CASTLE, Penn.—First Choice FCU here has filed a class-action lawsuit against Wendy’s for the data breach that first hit the fast food chain late last year.
WASHINGTON—The Consumer Financial Protection Bureau Thursday unveiled the student loan Payback Playbook, a set of prototype disclosures that outline a path to affordable payments for borrowers trying to avoid student debt distress.
WASHINGTON–The Department of Education, the Department of the Treasury, and the CFPB have announced further actions aimed at protecting student loan borrowers. Among the steps being taken:
WASHINGTON–Freddie Mac is reporting that many of the nation's housing markets continue to improve, with one more state, Michigan, returning to its historical benchmark level of housing activity.
