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WASHINGTON—Mortgage applications increased 2.2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 31, 2025.

WASHINGTON—Proposed amendments to federal rules on appellate procedures will infringe on core First Amendment rights and impose unnecessary burdens.  America’s Credit Unions and more than 120 other state and federal financial services organizations shared these concerns in a letter  to the Judicial Conference of the United States Committee on Rules of Practice and Procedure.

PETERBOROUGH, N.H.—If a 10% cap on credit card interest rates were mandated, issuers would have to eliminate rewards and brace for the fact their card programs would become “near-trivial” as profit drivers, one payments analyst is saying.

INDIANAPOLIS—Jennifer Mulligan has been tapped to lead the $82-million KEMBA Indianapolis Credit Union, the CU reported.