Tag Archives: Credit Unions

Dean Polsfut of Wolters Kluwer discusses new portfolio lending strategies in 2024 as institutions rethink their lending strategies to include secondary market executions. 

According to MeridianLink’s latest Nationwide Mortgage Lending Survey, more than 30% of Americans are less confident in their ability to afford a home compared to five years ago. In addition, 55% expect mortgage rates to continue rising through the remainder of 2023.

Usage by financial institutions increased by 46% year-over-year from approximately 6 billion scores used to 8.8 billion scores. Usage by banks and thrifts increased by 13.5% and usage by credit card issuers increased by over 18%.

DocMagic’s eVault Technology will be used by QRL to purchase eNotes from correspondent clients.

A report quantifying the incremental burden on financial institutions in keeping up with regulatory changes found that the recently passed bill had increased regulatory activities for lenders. Here are the details.

Watch what the President had to say about The Economic Growth, Regulatory Relief and Consumer Protection Act, passed by the House on Tuesday, becoming a law. The Bill aims at providing relief to small banks and credit unions from certain regulations under the Dodd-Frank Act.

On Wednesday evening, the House passed two regulatory relief bills are aimed at benefiting both consumers and lenders. The TRID Improvement Act of 2017 is aimed at modifying ...

The Board of Directors of the Federal Home Loan Bank of San Francisco announced that it has selected Jeffrey K. Ball to fill an upcoming vacancy on the board.

Credit unions are struggling with the CFPB’s ability-to-repay/qualified mortgage rule. But how is it affecting the American homebuyer?

A representative from the National Association of Federally-Insured Credit Unions has petitioned the Office of the Comptroller of the Currency to regulate and supervise FinTechs in the same manner as other financial institutions.