In a letter to the Senate, the Credit Union National Association along with other trade organizations noted the importance of the Mortgage Choice Act. See how the act would impact borrowers and lenders alike.
Read More »House Passes TRID Improvement 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 ...
Read More »Credit Unions Report Significant 2014 Growth
Credit Union National Association (CUNA) revealed Friday that credit union memberships grew by 3.6 percent last year, the highest growth rate since 1994. Loan portfolios also saw a solid increase over the year.
Read More »74% of Consumers Unmoved by Fed’s Promise of Low Rates
The Federal Reserve's commitment to keep interest rates low until 2015 isn't doing much to persuade consumers to borrow.
Read More »Credit Unions Vie with Banks for Consumers, Mortgages
Rising debit card fees drove some 650,000 consumers to credit unions over October, with social media movements responsible for galvanizing the exodus, according to a recent survey. The Credit Union National Association laid claim to the figures in a survey for which the trade group polled some 5,000 credit unions nationwide. The ruckus over debit card fees began in September when the nation├â┬ó├óÔÇÜ┬¼├óÔÇ×┬ós largest lenders floated the idea of an increase in monthly payments for debit-card users. This only marks the latest in a string of public relations problems.
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