Lending

The Federal Housing Finance Agency, Fannie Mae and Freddie Mac have launched an online clearinghouse with resources to assist lenders in serving borrowers with limited English proficiency.

The regulator's latest Quarterly Map Review shows credit unions' good run continuing, but some states remain stuck in a rut.

Credit unions in Iowa and across the west were honored for their work aiding immigrants and financial education for students, respectively.

Credit unions in the Great Lakes State continued to add members in Q2 while a variety of loan types saw double-digit growth.

The technology arms race among payment fintechs is converging on the market for credit and loans, with Square rolling out an installment payment option for consumers that complements its merchant capital option for sellers.

Square Inc. is offering loans to customers to pay for goods and services from merchants that use its payments platform, another move by the company to push deeper into financial services.

The Louisville, Ky.-based credit union has adopted Shastic's text message-based Elle platform in the hopes of expanding lending among younger members.

Joseph Whitaker will take over as president and CEO of SkyOne Federal Credit Union later this month.

NCUA liquidated LOMTO Federal Credit Union following years of significant losses due to poorly performing taxi medallion loans.

A liberal advocacy group says a Trump political appointee at the CFPB must resign after The Washington Post reported the official once called most hate crimes hoaxes.