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CHICAGO–As origination volumes for some credit products slow, a new TransUnion analysis has found fraud risk continues to grow, with fraudsters employing increasingly sophisticated tactics to target lenders.

WASHINGTON—Recent economic data points to a stronger economy than previously expected, but the current business cycle “contours” still point to an eventual downturn, according to the August 2023 commentary from the Fannie Mae Economic and Strategic Research Group.

TAMPA, Fla.–Two more credit unions have announced efforts to raise funds for victims of the wildfires in Maui.

WASHINGTON–Macy’s is warning that it has seen a spike among its cardholders who are late in making payments. The company, which had earlier said it expected an uptick in delinquencies in the wake of the pandemic, now says it has been surprised at just how large that uptick has been.

NEW YORK—Bethpage FCU has named a new president and CEO to succeed the retiring Wayne Grosse.