ARLINGTON, Va.—New-home sales rose 6.2% from September – the fastest sales pace since October 2007.
THE news
MADISON, Wis.–Credit union membership set a record during the first three quarters of 2017, while credit unions themselves are also seeing near-record loan-to-share ratios as many CUs are now reaching further down into credit files for new loans, according to a new report.
WASHINGTON—Fifty-six percent of holiday shoppers admit that debt is the way they now finance their gift buying, according to a new report.
WASHINGTON–FDIC insured commercial banks and savings institutions reported aggregate net income of $47.9 billion in the third quarter of 2017, up $2.4 billion (5.2%) from a year earlier.
RANCHO CUCAMONGA, Calif. – Additional details around CO-OP Financial Services’ THINK 18 meeting have been released.
WASHINGTON–Mortgage applications were trending positive again for the week ending Nov. 10.
WASHINGTON—A Southern California-based auto dealership group will pay $1.4 million to settle Federal Trade Commission charges that it violated a 2014 administrative order prohibiting it from misrepresenting how much consumers could pay to finance or lease a vehicle, the FTC reported.
NEW YORK—Losses from taxi medallion loans to the National Credit Union Share Insurance Fund (NCUSIF) could jeopardize a 2018 distribution from the NCUSIF, one analyst is suggesting.
NEW YORK—A new report, which indicates that banks are still struggling to regain trust lost from the recent financial crisis, found that PayPal is the most trusted financial services brand, and that major credit card brands are now scoring higher trustworthy marks than banks.
NEW YORK—Troubled taxi medallion loans caused a decline in asset quality at Progressive Credit Union during the third quarter of 2017, one analyst is reporting.