Shifts in consumer behaviors have boosted interest in several loan categories, which could be a boon for credit unions.
Many employers aren't enthusiastic about an executive action that allows workers to delay paying certain taxes until next year.
Lenders initially won't be able to pass on the cost of the Federal Housing Finance Agency's "adverse market fee" to borrowers whose rates on GSE-backed mortgages and refinances are already locked in.
New research finds that it's become harder than ever to acquire new customers — and equally challenging to engage newly acquired ones.
The Consumer Financial Protection Bureau says the proposal would increase access to credit, but consumer groups argue that it will encourage lenders to make high-cost loans while protecting them from legal liability.
Dennis Devine will have to navigate a number of issues, including economic strife and a pandemic, as he takes the helm at the $13 billion-asset institution.
Dana Wade, a former OMB official, says a strong capital footing will help the Federal Housing Administration weather an uptick in delinquencies and ensure the mortgage market is viable once the economy recovers.
This isn’t the first time the industry has faced an influx of funds amid a slowdown in lending, but this instance could prove harder to manage than in the past.
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Shifts in consumer behaviors have boosted interest in several loan categories, which could be a boon for credit unions.
August 21Lending Solutions Consulting -
Many employers aren't enthusiastic about an executive action that allows workers to delay paying certain taxes until next year.
August 21 -
Lenders initially won't be able to pass on the cost of the Federal Housing Finance Agency's "adverse market fee" to borrowers whose rates on GSE-backed mortgages and refinances are already locked in.
August 20 -
New research finds that it's become harder than ever to acquire new customers — and equally challenging to engage newly acquired ones.
August 20 -
The Consumer Financial Protection Bureau says the proposal would increase access to credit, but consumer groups argue that it will encourage lenders to make high-cost loans while protecting them from legal liability.
August 19 -
Dennis Devine will have to navigate a number of issues, including economic strife and a pandemic, as he takes the helm at the $13 billion-asset institution.
August 19 -
Dana Wade, a former OMB official, says a strong capital footing will help the Federal Housing Administration weather an uptick in delinquencies and ensure the mortgage market is viable once the economy recovers.
August 18