Coronavirus Impact
Coronavirus Impact

Shifts in consumer behaviors have boosted interest in several loan categories, which could be a boon for credit unions.

August 21
3 Min Read
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Many employers aren't enthusiastic about an executive action that allows workers to delay paying certain taxes until next year.

August 21
5 Min Read

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
6 Min Read
Exclusive survey

New research finds that it's become harder than ever to acquire new customers — and equally challenging to engage newly acquired ones.

August 20
18 Min Read

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
2 Min Read

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
4 Min Read
“We will step up and do whatever we can to make sure that we ensure market stability,” said FHA Commissioner Dana Wade. “But we know [the pandemic will] ... pass and we're going to have a strong, vibrant economy when it does."

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
8 Min Read

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.

August 17
4 Min Read
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