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CINCINNATI—Two credit unions have announced new building projects, both of which are being led by the design/build firm DEI.

WASHINGTON–With the Senate scheduled to hold a hearing on credit reporting this week, one credit union association said the issue is one CUs keep an eye on, but it hasn’t really risen to the top of concerns.

DALLAS–Sky-high home prices mean demand for ever bigger mortgages, but those prices may also be causing a pullback in homebuying overall, according to one analyst.

BEAVERTON, Ore.–A man here has been sentenced to four years in prison for a scam in which he posed as a credit union employee and made calls to members to defraud them of their funds.

ARLINGTON, Va.—Existing-home sales fell 2.7% in April to a seasonally-adjusted rate of 5.85 million units, representing a 33.9% increase in sales versus a year ago.

JACKSON, N.J.–NCUA has placed Empire Financial FCU here into conservatorship. The $3.04-million Empire Financial has approximately 343 members.

WASHINGTON–CUNA has filed separate comment letters with NCUA on the Central Liquidity Facility and asset thresholds, respectively.

WESTBROOK, Maine–The Maine Credit Union League has announced the results of its election for board officers.

LAWRENCEVILLE, Ga.—Sky-high prices on new—and now used—cars are creating even greater long-term issues for lenders, according to two auto industry experts, who add they’re seeing car dealers do things they’ve never done before.