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NEW YORK—Personal loans were the fastest-growing debt category in 2019, but that changed in 2020, according to new data from Experian.

JACKSON, Miss.–Hope Enterprise Corporation, an affiliate of Hope Credit Union, has announced a major commitment from Goldman Sachs’ 10,000 Small Businesses initiative of up to $130 million as part of a partnership with seven cities and nine historically Black colleges and universities (HBCUs) to launch the Deep South Economic Mobility Collaborative (DSEMC).

NEW YORK–A large number of the more than 2.7 million active mortgage forbearance plans currently in effect are set to expire in the coming months even though many of those mortgage-holders remain out of work or are earning less than they did prior to the pandemic.

WASHINGTON—The Fannie Mae Home Purchase Sentiment Index (HPSI) increased in January to 77.7, a 3.7 point improvement from December, the agency reported.

WASHINGTON–CUNA has announced two more speakers for its upcoming virtual GAC. Former New Jersey Gov. Chris Christie and former Chicago Mayor and Obama Administration official Rahm Emanuel will address the GAC in a point/counterpoint discussion.

WASHINGTON—As Congress pursues additional coronavirus relief measures, the House Financial Services Committee today is set to mark up its portion of the next coronavirus relief bill with provisions to support workers, homeowners and renters, and more.

ROCKFORD, Ill. — A man who sexually assaulted a woman he took hostage during the robbery of a credit union has been sentenced to 30 years in prison.

ARLINGTON, Va.—Total consumer credit rose 2.8% in December (seasonally-adjusted, annualized), up 0.1% versus a year ago.

WASHINGTON—Sen. Richard Shelby (R-AL) announced he will not seek re-election in 2022.