WASHINGTON—Despite the recent pullback in mortgage rates, total home sales are expected to come in lower than previously forecast through the rest of 2024, and then not pick up meaningfully until further out in 2025, according to the August 2024 commentary from the Fannie Mae Economic and Strategic Research (ESR) Group.
Fresh Today
NEW YORK—Consumer debt has markedly risen in the last few years amid a challenging economic environment for consumers that has contributed to delinquency rates rising to their highest levels in more than a decade, according to a new report.
DENVER–To help mark its 90th anniversary, Westerra Credit Union is getting ready to offer a five-month share certificate paying an eye-catching 9.00% APY (8.648% dividend rate).
RALEIGH, N.C.–Civic Federal Credit Union has selected Velera to provide it contact center services and support.
DENVER–The GoWest Credit Union Association has announced the finalists for its 2024 GoWest Awards.
SAN FRANCISCO–Wells Fargo has reached an agreement to sell the majority of its commercial mortgage servicing business to global loan services provider Trimont.
WASHINGTON—Candidates supported by America’s Credit Union PAC and state leagues won across three states Tuesday.
COLORADO SPRINGS, Colo. – Ent Credit Union said it has entered into a new partnership with four high schools along the Front Range to introduce branded debit cards for students.
NEW BEDFORD, Mass.–SouthCoast FCU said it has taken several steps to make it easier for immigrants to open accounts, including by eliminating the requirement that members have a Social Security number.
WASHINGTON—The Consumer Financial Protection Bureau has ordered Fay Servicing to pay a $2 million penalty for violations of mortgage servicing laws, as well as for violations of a 2017 agency order that addressed its illegal foreclosure practices.