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LOS ANGELES—Taking a page from credit unions’ playbook, California Governor Gavin Newsom announced commitments from major lenders to provide firestorm survivors with mortgage relief.

WASHINGTON—America’s Credit Unions has launched a digital ad campaign targeting key members of Congress in an effort to further defend the credit union tax status.

WASHINGTON—Mortgage applications increased 0.1% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Jan.17, 2025.

WASHINGTON—During his recent confirmation hearing, Treasury Secretary nominee Scott Bessent called for less regulation on banks and criticized credit card companies, the ABA Banking Journal reported, noting Bessent did not take a stance on Trump's pledge to cap credit card interest rates at 10%.

WASHINGTON—President Donald Trump has issued an executive order freezing new rulemakings.