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GrooveCar Inc. has partnered with 40 more credit unions that can use its online auto-buying service.
April 1 -
The Coalition for Safe Loan Alternatives intends to become a peer-to-peer forum for best practices among the alternatives to payday loans. The group will not advocate for policy changes. Rather it aims to offer a platform for local organizations to share information and compare ways to offer low-cost access to credit.
March 29 -
Credit unions have a dominant auto lending presence in the West, boasting as much as a 50% marketshare in some areas. Credit Union Journal explores what is driving that dominance.
March 29
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Five policy heavy-hitters issued a proposal this week to merge Fannie Mae and Freddie Mac into a single government corporation as a way to move beyond the conservatorships of the two government-sponsored enterprises.
March 24 -
The Consumer Financial Protection Bureau has implemented a new rule that broadens the ability of lenders in rural and underserved areas to originate qualified mortgages.
March 23 -
The Consumer Financial Protection Bureau faces a tough balancing act as it seeks to issues a proposal to rein in high-cost payday loans. A chief concern is what will replace payday lenders if federal regulations force many of them to shut down.
March 22 -
CU lobby emphasizes movement's commitment to keeping people in their homes but expresses concern about setting a 'dangerous precedent' with principal cuts.
March 22 -
Homefield Credit Union in North Grafton, Mass., will be able to offer first-time homebuyers assistance with down payments and closing costs for the second consecutive year through the Equity Builder Program with the Federal Home Loan Bank of Boston.
March 22 -
The House passed a bill late Monday to extend foreclosure relief for military service members through the end of next year.
March 22 -
CU Xpress Lease and CUNA Mutual Group will expand their collaboration into major auto leasing markets in Florida, California, New Jersey, New York, and Massachusetts, in an effort to help credit unions, auto dealers and members secure and safeguard more automobile leases.
March 21
