LAWRENCEVILLE, Ga.—According to Black Book, the average price of a used vehicle for model years 2010-2014 declined 2.8% during November, reinforcing the notion that cars and trucks face their heaviest depreciation toward the end of the year.
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WASHINGTON—With more Americans reporting lower income prospects, Fannie Mae’s Home Purchase Sentiment Index declined to 80.8 from 83.2 in the most recent survey, even as there was a slight uptick in sentiment around whether it’s time to buy a home.
HAMPSHIRE, U.K.—Mobile banking is projected to reach one billion users by the end of 2015 and two billion by the end of 2020, according to new research that also shows wearables will play a growing role in that rise.
CAMBRIDGE, Mass.–The definition of underserved clearly depends on where someone lives, with housing assistance now being offered in some areas to people who earn more than $100,000 annually.
ARLINGTON, Va.–NAFCU announced that TrueCar has been approved as a NAFCU Services Preferred Partner.
CHICAGO–TransUnion is predicting that the consumer lending market will by the end of 2016 finally fully recover from both the mortgage crisis and the ensuing Great Recession that concluded more than six years ago.
LANSING, MICH.–The Michigan House of Representatives has passed a six-bill package that will modernize the Michigan Credit Union Act (MCUA) for the first time since 2003.
BROOKFIELD, Wis.—Fiserv was named Technology Provider of the Year at the 2015 Payments Awards.
LIVONIA, Mich.–Zeal Credit Union will be moving into a new headquarters building in 2016.
ALEXANDRIA, Va.– NCUA has announced a settlement with Morgan Stanley for $225 million to resolve claims arising from losses related to corporate credit unions’ purchases of faulty residential mortgage-backed securities.