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WASHINGTON—CUNA says it will reduce dues and make other internal changes aimed at strengthening CUNA/League interdependence.

PHOENIX–Bank of America is making a $10-million investment in the National Federation of Community Development Credit Unions’ Investment Program.

PLANO, Texas– Catalyst Corporate FCU is marking its fourth anniversary. Catalyst Corporate now serves more than 1,300 natural-person credit unions, having added 10 more CUs so far in 2015.

WASHINGTON–Freddie Mac has now been in government conservatorship for seven years, even though it has returned to profitability. With its CEO observing that no “big, bang bill is coming to change that” in Congress, the company has been working on considerably improving its service while further reducing risk to taxpayers.

IRVINE, Calif.—A new report shows that 759,000 properties regained equity in the second quarter of 2015, bringing the total number of mortgaged residential properties with equity at the end of Q2 2015 to approximately 45.9 million, or 91% of all mortgaged properties.

MADISON, Wis.–What should credit unions be doing right now in the mobile channel?

LAWRENCEVILLE, Ga.–Used vehicles depreciated at a slightly faster pace in August than they did in July, according to Black Book, which still sees no signs of the used car bubble bursting in 2015.

SYDNEY, Australia—U.S. CUs can look to Australia for possible answers to addressing the threat to loan portfolios from the new Silicon Valley lenders.

NEW YORK–Consumer credit defaults showed small increases in numerous default rates in August, according to the latest data from Experian.

WASHINGTON—The CFPB should enhance management controls over its Consumer Complaint Database, according to the Federal Reserve Office of the Inspector General.