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WASHINGTON—The housing market should begin a gradual return to a more normal balance in 2024, following years of significant oscillations in mortgage rates and divergences of key housing market measures from their historical, pre-pandemic relationships, according to the January 2024 commentary from the Fannie Mae Economic and Strategic Research (ESR) Group.

OREGON CITY, Ore.–Two Portland-area credit unions have announced plans to merge and create a multi-billion-dollar CU.

WASHINGTON—With a request that it “fix an oversight” to the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) when marking up the tax proposal announced earlier last week, America’s Credit Unions has sent a letter to the House Ways and Means Committee and Senate Finance Committee.

AUSTIN, Texas–A former teller at A+ FCU has been sentenced to 41 months in prison for embezzlement.

ALEXANDRIA, Va.–NCUA is reporting federal credit union operating fees will increase by an average of approximately 16.36% in 2024.

NEW YORK–What to make of consumers and their credit? For every negative cited by some analysts, there are positives cited by others, a new report makes clear.

LONDON—The British government has pledged to probe banking troubles faced by crypto companies with “lawmakers focused on the issue,” according to a new report.

SOUTH PORTLAND, Maine–With demand for services and resources continuing to surge at the South Portland Food Cupboard, Town & Country FCU said it delivered a timely contribution to support the Food Cupboard in the short-term and provide significant support to its largest, single fundraiser happening later this spring. 

FRANKLIN, N.C.--Mountain Credit Union Loan Officer Tammy Ashman recently won the Grand Prize in the Top Gun Contest presented by Route 66 Extended Warranty.