MBA Revives Recession Prediction & Lowers Q4 Projections

But a NAFCU economist still sees a recession as unlikely in the coming year.

By Jim DuPlessis | October 16, 2023 at 04:00 PM

Businessman standing on falling diagram and peering into the future

Like a can being kicked down the road, the Mortgage Bankers Association again is predicting a recession is likely in the first half — this time the first half of 2024.

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1 Another Credit Union in the Hot Seat With Members of Congress

2 Professionals Step Into New Roles at Metro CU, Navigant CU & Corporate One

3 Sentence Handed Down in Bayer Heritage FCU Theft

4 Loan Portfolios Shrink for Third Month in a Row

5 North Carolina's Coastal Credit Union Surpasses $5 Billion in Assets

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Loan Portfolios Shrink for Third Month in a Row

By Jim DuPlessis | May 10, 2024

America's Credit Unions report also shows total car loans fell from their year-ago level, another first since at least 2014.

Loan Portfolios Shrink for Third Month in a Row

Jovia Financial Launches Commercial Lending CUSO

By Natasha Chilingerian | May 08, 2024

The CUSO serves small financial institutions nationwide, with exclusive services for those in the New York City Metro area.

Jovia Financial Launches Commercial Lending CUSO

Credit Unions Still Gaining in Consumer Loans

By Jim DuPlessis | May 08, 2024

But the pace of balance growth is slowing for credit unions, and for all lenders auto loan growth is the slowest in years.

Credit Unions Still Gaining in Consumer Loans

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