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GRAND RAPIDS, Minn.–Two Minnesota credit unions have announced they will merge effective today.

WASHINGTON–Is a one-person NCUA board in the future?

WASHINGTON–Mortgage applications declined 2.8% for the week ended July 28, compared with one week earlier, according to the Mortgage Bankers Association.

ALBUQUERQUE, N.M. — Merger talks have been called off by two large credit unions in New Mexico.

SANTA ANA, Calif.–A tool that measures defects in mortgage applications is reporting that for the seventh consecutive month it has seen an increase in defects, fraud, and misrepresentation in the information on mortgage apps.

WASHINGTON—NAFCU's Dan Berger and Carrie Hunt met with key White House staff last week to share credit unions' views and concerns related to the agenda in Congress and the administration on tax reform, regulatory relief, strengthening the economy and jobs growth.

ARLINGTON, Va.–In a letter to the CFPB, NAFCU said it is "troubled by the growing cost of mortgage lending" due to the CFPB's ability-to-repay/qualified mortgage rule and the negative effect the rule has had on credit unions'  origination volumes, profitability and member satisfaction.

ARLINGTON, Va.—NCUA's proposal to expand the number of supervisory determinations appealable to the agency's Supervisory Review Committee "would greatly enhance the current process by which credit unions can challenge material supervisory determinations," NAFCU wrote in a comment letter Thursday.

WASHINGTON – The Consumer Financial Protection Bureau has acted against JPMorgan Chase Bank for failures related to information it provides for checking account screening reports.

ARLINGTON, Va.–NAFCU said it is seeking its members input on NCUA's proposals for closing down the Temporary Corporate Credit Union Stabilization Fund and on distributions by the National Credit Union Share Insurance Fund.