The National CU Foundation said it has received a $500,000 grant from the U.S. Department of Housing and Urban Development to help finance counseling programs at CUs for first-time homebuyers. The HUD money will go 14 CUs and 10 states that have pledged to provide matching funds, according to Gary Officer, NCUF executive director. "The money will go to help credit unions fund pre-purchase and post-purchase counseling to support first time homebuyers," Officer said.
The Federal Deposit Insurance Corp. says executives "gambled" with depositor funds, while the former parent company argues regulators are using hindsight to second-guess what were reasonable business decisions at the time.
While the nationwide purchase average declined nearly 3% in 2025, these costs rose in 23 of 50 states and the District of Columbia, a study from LodeStar said.
Analyses show that generally speaking, companies that deploy AI the most are also recruiting more humans.
Senate Banking Committee ranking member Elizabeth Warren, D-Mass., said the National Credit Union Administration's efforts to roll back 31 rules without a board quorum could jeopardize the credit union system's stability and legitimacy.
Lisa Cook can keep her seat on the Federal Reserve Board thanks to the Supreme Court's procedural concerns. Deeper questions about the central bank might not come for years — if at all.
The high-cost lender wants a federal court to vacate a nine-figure judgment, claiming the Consumer Financial Protection Bureau acted in "bad faith" by abandoning a settlement agreement that would have sharply reduced the company's payment.
