"financial services" Blog Posts
- Fannie Mae Cuts 2022 Origination Forecast
- GreenState CU Still Eyeing Nebraska Expansion after Bank Deal Collapse
- Mortgage Bankers Record Largest Average Loss Since 2008
- Yellen Reiterates Need for Consistent Regs on Stablecoins
- 41 Credit Union Mergers Approved by NCUA First Quarter 2022
- 72% of Economists Expect US recession by Mid-2023
- After Initially Slow Adoption, More and More People Taking a Bite out of Apple Pay
- Anticipation Rates Will Rise Soon Drives Big Jump in January Home Sales
- As Mortgage Rates Continue to Rise, Refinancings Plunge
- As the Secondary Market Rethinks Risks, So Too Must Lenders
- Bank Economists Advise Caution But Don't Expect a Recession
- Bank Groups Ask Justice Department to Limit Merger Guidance; Say CU Competition Should Be Factored In
- Banks Change Overdraft Policies Amid Competition, Regulatory Pressure
- Banks' Pandemic Help Offer Rang Hollow, Cardholders Say
- Biden Official Says US Government Could Pass Stablecoin Rules by End of Year
- Big Banks Fight Rising Capital Requirements by Managing Down Risk Exposures
- Big US Banks to Contend with Recession Fears in 1Q2022 Earnings Reports
- CECL 2023: The Importance of Robust indicators, Critical Economic Considerations
- CFPB Cracks Down on Subscription Fees
- CFPB Ends No-Action Letter with Fintech Lender Upstart Network
- CFPB Examines Potential Impact of Rising Car Prices on Consumer Credit
- CFPB Launches Effort to Spur New Opportunities for Homeowners in the Mortgage Market
- CFPB Mischaracterizes Many Financial Services Fees in RFI
- CFPB Providing Guidance to Other Agencies on Enforcing Federal Consumer Financial Law
- CFPB Releases Report Documenting Rural Banking Issues
- CFPB Report Finds High Fees Charged on Student Banking Products Endorsed by Colleges
- CFPB Should Bolster Oversight of Nonbank Financial Services
- CFPB Unlikely to Take Immediate Action on Buy-Now, Pay-Later Sector
- Chopra's Expansive Vision for CFPB Authority is Facing Industry Pushback
- Consumer Lenders Set to Benefit from Student Loan Forgiveness
- Consumer Sentiment Over Future Hits Lowest Point Since Pandemic Began, New Survey Finds
- Consumers Believe Credit Unions Lag Digitally; But Do They?
- Credit Card Delinquencies, Charge-Offs Stay Muted as Consumers Pay Down Balances
- Credit Union 1 to Acquire Illinois-Based Peer Northside Community Bank
- Credit Union Economists: More Big Rate Hikes Likely This Year
- Credit Union Loans Increased 1.9% in August
- Credit Union Loans Increased 2.3% in May
- Credit Union Loans Increased 2.4% in June
- Credit Union System Digitization Group Releases 2021 End-of-Year Report
- Credit Unions Announce Two Illinois Bank Deals in Three Days
- Credit Unions Capture Majority of Q3 2022 Auto Market Share
- Credit Unions Continue to Buy Banks Despite Bank Lobby, Regulator Pushback
- Credit Unions Continue to Set High-Water Marks with Bank Acquisitions
- Credit Unions Dip Toes in RTPs, Crypto
- Credit Unions Face Historic Pressure to Make Loans
- Credit Unions Gain Larger Share of Auto Loans as Banks Lose Momentum
- Credit Unions Getting More Strategic to Seek Out Bank Targets
- Credit Unions Grow Branch Count While Banks Slash Locations
- Credit Unions Now Hold Record 12% of Total Household Savings; CU Merger Pace in 2022 Approaching Another Record
- Credit Unions Set Loan Growth Record, Deposits Decline in Q2
- Credit Unions Wary Despite Record-Low Delinquencies
- Crypto Firms Celsius, Binance Halt Withdrawals as Bitcoin Plummets
- Crypto-Regulation Bill Unlikely to Get Senate Vote This Year, Lummis Says
- CU Leaders ‘Modestly’ More Optimistic on Future, New NAFCU Survey Finds
- CU Lending Continues to Soar, Notes CUNA Economist
- CU Lending Trends: First Mortgage, Used Car Lending Gains
- CU Loans Outstanding Again Up Robustly During September, New CUNA Data Show
- CU Trades, Consumer Groups Ask Congress to Regulate Fintech Competition
- CUNA Mutual Group’s ‘What Matters Now™ Research Explores Multicultural, Multigenerational Consumer Insights
- CUNA Releases August Economic Update
- CUNA Releases May Economic Update
- CUNA Research: Housing, Energy, Food Prices Led May Price Increases
- CUNA, AACUL, Leagues Oppose Any Expansion of Durbin Amendment
- Declining Mortgage Affordability Quantified in New Index
- Delinquencies on Auto Loans Originated in ’21, ’22 Are Starting to Rise Relative to Earlier Loans, New Analysis Finds
- Demand for Personal Loans Pressures CUs, Banks, Fintechs
- Deposit Runoff Among Large US Banks Persists in Q3
- Despite Banking Industry Turmoil, Fed Raises Rates 25 Basis Points
- Despite Stellar Credit Quality, Small Lenders Expect Economic Headwinds
- Dimon Says US Recession Likely by Mid-2023
- Economic Update Examines Fed's Updated Monetary Policy, Inflation
- Efforts to Halt Credit Union-Bank Deals Squashed in Tennessee
- Fannie Mae Forecasts ‘Soft Landing Unlikely,’ Sees Recession in Latter 2023
- Fannie Mae Introduces New Refinance Application-Level Index
- FDIC Threatens to Punish Banks that Impose Repeat NSF Fees
- Fed Finalizes 'Master Accounts' Guidance
- Fed Proposes Permanent Extension of Real Estate Debt Leniency
- Fed Raises Rates by 75 Basis Points; More Hikes Coming, Says CU Economist
- Fed Raises Rates by Half a Percentage Point in Last 2022 Hike
- Fed Releases Latest Consumer Credit Outstanding Data, Industrial Production and Capacity Utilization Summary
- Fed Starts Experiment of Letting $8.9 Trillion Portfolio Shrink
- Fed Takes Aggressive Action in Inflation Fight
- Fed Watching Red-Hot Housing Market for Financial Stability Risks
- Fed’s Newly Released Minutes Indicate Another Rate Increase Coming in July
- Fintech Opens Up a Market for FIs: Lending Against Life Insurance
- Fintech Partner Banks Bucking Industry Deposit Trends
- First Mortgage Portfolio Niche Lending: Current Trends and Opportunities
- Five Charts Explaining Why Inflation is So High
- For Community Lenders, Net Interest Margin Pressure Looms Large
- GAO: Congress Should Consider Enhancing Protections Around Scores Used to Rank Consumers
- Growth of Total Consumer Credit Cooled in May
- Here’s the Inflation Forecast, Mortgage Rates Prediction from CUNA Mutual’s Chief Economist
- Higher Interest, Rising Prices, Fewer Listings: A Bad Mix for Mortgages
- Higher Prices, Rates Putting Brakes on Car Sales
- HMDA: Credit Unions Lend to Lower-Income Americans
- Home Equity, Personal and Auto Loans Led Growth in January
- Home Inventory Won’t Return Until at Least 2024: Zillow
- Home Prices Surge to Another High
- Home Sales Data Shows the Housing Market is Normalizing
- Home Sales Decline for Seventh Straight Month
- Home Sales Dropped 20% in August From a Year Ago
- Homebuilders Say U.S. is in ‘Housing Recession’ as Sentiment Turns Negative
- House Passes CUNA-Backed Fair Hiring Bill
- How Credit Unions Can Use Data to Reach the Underserved
- ICBA Urges FDIC to Reject Ford Credit Bank's Deposit Insurance Application
- Inflation Falls in July, But Housing Prices Keep Rising
- Interest Rate Increases to Cost Consumers $3B in Extra Card Interest; Plus, What Worries Cardholders
- Just How Much is Inflation Costing Depositors? Here’s What 1 Analysis Shows
- Justice Dept. Making Big Investment in Crypto Oversight; DeFi to Get More Scrutiny
- Kabbage Files for Bankruptcy Protection
- Large US Bank Revenue Keeps Climbing as Investors Brace for Recession
- Lending Likely to Slow in ’23, Recession Possible in '24 or '25, Suggests New CUNA Mutual Forecast
- Loan Growth Ramping Up at US Credit Unions
- Loan Growth Shows Dramatic Rise
- Loan, Deposit Growth Slows YOY for US Community Banks in Q1
- Loans Should Grow 9% in 2022, Notes Latest Trends Report
- Margin Expansion Driving Increases in US Bank Profitability
- May 18 Virtual Event: Lending Landscape
- Measures Risk Understating Housing Costs
- Mergers Help Drive Another Gain in Large Regionals' Deposit Share
- Minnesota Regulator Rejects Credit Union-Bank Deal; Seventh State to Stifle Such Deals
- Mortgage Boom Is Over, MBA Drops Originations Forecasts Again
- Mortgage Loan Modifications Rose 40% in 4Q: OCC
- Mortgage Rates Actually Decline, But Application Volumes Remain Down
- Mortgage Rates Hit 5% for the First Time in Over a Decade
- Mortgages Slip, New Car Sales Slide in August
- NCUA Releases Q2 2022 State-Level Credit Union Data Report
- New Report Finds Half of All Credit Union Industry Assets at Risk from Climate Change
- New Rules for Regional Banks Eyed
- OCC's Hsu Says Bank-Fintech Relationships May Be Systemic Risk
- OCC's Hsu Zeroes in On Large Regional Banks as Source of Systemic Risk
- Percentage of Unbanked Households Hits New Low in Survey
- Political Divide Snags the Digital Update to CRA
- Rates Rose, But So Did Mortgage Apps for First Time in 6 Weeks
- Recession Fears Hit Risky Mortgage Debt Amid Default Concerns
- Recession Will Begin Earlier Than Expected, Says Fannie Mae Forecast
- Regulators propose Large-Bank Resolution Reforms, Approve U.S. Bank Acquisition
- Regulators Take Tough Look at Small Banks' Partnerships with Fintechs
- Schenk: Expect Healthy Economic Growth
- Sens. Gillibrand, Lummis Introduce Major Cryptocurrency Bill
- Some See Banks Parlay Fintech Investments into Community Reinvestment Act Credit
- Statement of CFPB Director Rohit Chopra, Member, FDIC Board of Directors, on Proposals to Prevent Bailout Risk and Guard Against Increased Concentration in Banking
- States Work to Stifle Credit Union Acquisitions of Banks
- The Rapid Demise of NSF Fees for Nation's Largest Banks
- Three Marketing Messages to Help Your Members Fight Inflation
- Toomey Questions FDIC Over 'Choke Point'-esque Crackdown of Banks and Crypto
- Total Consumer Credit Rises, as CUs Grab Larger Share
- TransUnion Reports Inflation’s Rise Hitting Non-Prime Borrowers Hardest; Offers Forecast for What’s Ahead
- Two-Thirds of Economists at Big Banks Expect Recession in 2023
- U.S. Begins ‘Extraordinary’ Steps to Avoid Debt Ceiling
- U.S. Pending Home Sales Drop for a Sixth Month in Worst Skid Since 2018
- Understanding the Retail Bank that Apple Quietly Built
- US Bank Branch Closings Outpace Openings in July
- US Bank Branch Closures Slow from Pandemic-Era Record Highs
- US Bank Margins Jump in Q2 at Quickest Pace in a Decade
- US Banks See 188 Net Branch Closings in February
- US Banks' Q1 Auto Loans Show Steady Sequential Growth
- US Banks'Loan-to-Deposit Ratio Jumps as Loan Growth Soars, Deposit Growth Slows
- US Credit Unions Add 5.2 Million Members in 2021
- US Credit Unions' 2021 Mortgage Origination Growth Lags Other Lenders
- US FIs Fear Slowdown in Mortgage Activity as Rates Skyrocket
- US Housing Market: 2022 Opens With 19.2% House Price Surge
- US Small Banks Post Stronger Loan Growth, Wider Net Interest Margins in Q2
- USAA Scores Mobile Deposit Capture Patent Win Against PNC
- Value of Digital Wallets to Exceed $12 Trillion by 2026, New Study Forecasts
- Vehicle Sales Rise in April, But Still Down More Than 20% YoY
- Virginia League Introduces Bankable Fintech Partnership, Connects CUs to Fintech Solutions in Minutes
- Waters Announces Financial Services Committee Schedule for September
- What the FHFA Credit Score Change Could Mean for the Industry
- What the White House's Blueprint for an AI Bill of Rights Means for FIs
- Where Credit Unions Beat Banks in 'Customer' Experience
- Will Regulatory Scrutiny Chill Bank M&A This Year — or Hasten It?
- ‘Borrowers Are Feeling the Squeeze’ as Interest Rates Climb While Inflation Remains High, Financial Analyst Says