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NEW YORK–More homeowners are missing payments on home equity lines of credit as the loans reprice a decade after booming in the lead-up to the mortgage crisis.

NEW YORK–Capital at the $1.9-billion Melrose Credit Union has now dropped below levels that would require Prompt Corrective Action (PCA). Melrose has been suffering losses as a result of the decline in values of taxi medallions, which make up the bulk of its loan portfolio, as a result of services such as Uber and Lyft.

WASHINGTON—Federal Housing Finance Agency Director Mel Watt said Monday that his agency will not add a language-preference question to its Uniform Residential Loan Application now but will take other steps to determine how best to gather such data, NAFCU reported.

WATERLOO, Iowa — Several members of Congress, as well as one candidate for congressional office, said during a forum here they would be receptive to reviewing the status of the credit union tax exemption.

NEW YORK–Seeking to purchase a first home? Don’t go west, young man.

WARREN, Mich.—Democratic presidential nominee Hillary Clinton promised to “cut red tape” and “expand access to credit, especially through community banks and credit unions,” during an economic speech here.

ALEXANDRIA, Va.—NAFCU said it will not lose its focus on federal issues even as it moves to expand its membership to include state charters.

SCRANTON, Penn.­–Sean Jelen, the former CEO of Valor Credit Union who has pleaded guilty to stealing more than $700,000 while at the CU, has filed suit against another credit union alleging discrimination when it did not hire him.

SEATTLE–Sellers are confident that they hold the keys in the current home sales market, and that this is a very good time to sell.

WASHINGTON–At the same time data is showing a surge in home buying nationally, another development that seems counterintuitive can be seen in different data—home ownership rates are at their lowest levels in 51 years.