WASHINGTON– In a finding all-to-familiar to many home shoppers, affordability constraints continue to limit the number of buyers willing and able to make home purchases, even as listings of for-sale homes rise, according to the June 2024 commentary from the Fannie Mae Economic and Strategic Research (ESR) Group.
Fresh Today
HARTFORD, Conn.–A federal judge has ruled in favor a former credit union CEO who had claimed the CU has refused to fully pay out his retirement benefits after he was abruptly fired over his Parkinson's disease diagnosis.
WASHINGTON–After one member of Congress suggested during a recent hearing that it may be time to require credit unions to comply with the Community Reinvestment Act (CRA), America’s Credit Unions and the Defense Credit Union Council have responded by suggesting that doing so could reduce access to credit for “vulnerable consumers.”
WASHINGTON–The mark-up of the American Privacy Rights Act will be the focus of attention from America’s Credit Unions this week, with concerns over several components and carve-outs.
WASHINGTON–Credit unions have joined with numerous other organizations and individuals in watching the Supreme Court this week for decisions that could affect deference to the Chevron Doctrine and, as a result, potentially have a bearing on NCUA and its regulations and enforcement.
RAYMORE, Mo.–Two new CEOs have been named in separate states.
WASHINGTON—The Federal Reserve Board has extended until Sept. 6 the comment period on its proposal to expand the operating days of the Federal Reserve Banks' two large-value payments services--Fedwire Funds Service and the National Settlement Service (NSS)--to include weekends and holidays.
WASHINGTON—The Federal Housing Finance Agency (FHFA) has announced its conditional approval for Freddie Mac to engage in a limited pilot to purchase certain single-family closed-end second mortgages.
MADISON, Wis.—Ten representatives from credit unions in the United States have spent two weeks in South America studying the USAID/World Council of Credit Unions (WOCCU) Economic Inclusion Program (EIP) and how it connects Venezuelan migrants in Ecuador and Peru to financial inclusion through credit unions.
CHARLOTTESVILLE, Va.–UVA Community Credit Union has purchased land to be the site of a new headquarters.