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ARLINGTON, Va.— Former Edinburg Teachers Credit Union CEO Jeffrey Moats has asked the U.S. Supreme Court to decide whether he may challenge the constitutionality of the NCUA’s administrative enforcement system in federal district court before completing the agency’s internal adjudication process.

WASHINGTON— The U.S. economy grew at a 1.5% annual rate during the second quarter, slowing from 2.1% in the first three months of the year as weaker government spending, slower investment and softer export growth offset stronger consumer spending, according to the Commerce Department's advance estimate of gross domestic product.

MCLEAN, Va.— The average rate on a 30-year fixed mortgage rose to 6.66% this week, reversing last week's decline but remaining slightly below where it stood a year ago, according to Freddie Mac.

WASHINGTON — Mortgage applications increased 1.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 17.