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WASHINGTON--A recent Government Accountability Office (GAO) report examines the status of CFPB’s reorganization efforts, noting the Bureau has “taken actions to reduce the size and scope of its activities and staffing," America's Credit Unions reported.

NEW YORK- Total U.S. household debt reached a record $18.8 trillion in the fourth quarter, rising by $191 billion, as mortgage, credit card, auto, HELOC and student loan balances all increased, according to the New York Fed’s latest Quarterly Report on Household Debt and Credit.

WASHINGTON — Mortgage applications decreased 0.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Feb. 6.

BEVERLY, Mass.--Beverly Municipal Federal Credit Union has rebranded as Beverly Credit Union, a strategic move designed to better reflect the institution’s long-term growth strategy, the CU said.