Lenders are struggling to deploy deposits into interest-earning assets, and changes to post-secondary education may further limit these options.
Refinancing has been one of the bright spots in a difficult year for lending, and the industry has concerns that a fee to be imposed by Fannie Mae and Freddie Mac could slow down the business.
New analysis from S&P found that only two of the of the top 20 credit unions that participated in the Paycheck Protection Program loans had assets of less than $1 billion.
Institutions serving colleges and universities traditionally see membership surge in the fall, but are now planning for a decline as classes move online.
New data from the state regulator showed that assets at credit unions in the Badger State grew by 28% during the first half of this year, versus growth of 14% in the first six months of 2019.
The mortgage giants were criticized earlier this month for a plan to charge an "adverse market fee" to protect against losses resulting from the pandemic.
The agency solicited input on the effects of the CARD Act regulations as part of a statutory requirement that the bureau review policies 10 years after they are implemented.
Shifts in consumer behaviors have boosted interest in several loan categories, which could be a boon for credit unions.
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Lenders are struggling to deploy deposits into interest-earning assets, and changes to post-secondary education may further limit these options.
September 1 -
Refinancing has been one of the bright spots in a difficult year for lending, and the industry has concerns that a fee to be imposed by Fannie Mae and Freddie Mac could slow down the business.
August 28 -
New analysis from S&P found that only two of the of the top 20 credit unions that participated in the Paycheck Protection Program loans had assets of less than $1 billion.
August 27 -
Institutions serving colleges and universities traditionally see membership surge in the fall, but are now planning for a decline as classes move online.
August 27 -
New data from the state regulator showed that assets at credit unions in the Badger State grew by 28% during the first half of this year, versus growth of 14% in the first six months of 2019.
August 26 -
The mortgage giants were criticized earlier this month for a plan to charge an "adverse market fee" to protect against losses resulting from the pandemic.
August 25 -
The agency solicited input on the effects of the CARD Act regulations as part of a statutory requirement that the bureau review policies 10 years after they are implemented.
August 25