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Credit unions have seen historic mortgage growth so far this year despite the pandemic, but there are concerns some institutions may be overly relying on refinancing and not focusing enough on generating new purchase business.
June 17
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The availability of some loans used to build homes dried up due to the coronavirus. Opening up the economy may help if it doesn't lead to a spike in infections, and if consumer demand persists.
June 16
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The Fed chairman updated senators about the agency's new credit facility for midsize firms struggling in the pandemic. He also left open the possibility of additional stress tests to gauge the industry’s coronavirus response.
June 16
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As they prepare to exit government conservatorship, Fannie Mae and Freddie Mac have enlisted the investment banks to help them boost capital and evaluate market opportunities.
June 15
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The agency flagged faulty risk management and other issues at the Federal Home Loan Bank of Des Moines and Federal Home Loan Bank of San Francisco in exams conducted last year.
June 15
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On Mar. 31, 2020. Dollars in thousands.
June 15 -
On Mar. 31, 2020. Dollars in thousands.
June 15 -
Lawmakers shouldn't let themselves be misled by a slower pace in personal bankruptcy filings so far this year.
June 15
North South Government Strategies -
The Federal Housing Administration's move to insure loans with forbearance could help support homeownership opportunities constrained by the coronavirus if one change was made to it, trade groups said.
June 10
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Groups representing community banks and credit unions generally support the new percentage-based goals set by the Federal Housing Finance Agency.
June 10
