Analysis

"What are they trying to fix, exactly?"

The Fed data also shows that a degree still makes an important contribution to financial stability.

Existing home sales unexpectedly fall in April while single-family housing permits fall to the lowest level in almost two years.

"Across the country, many families continue to experience financial distress and struggle to save for retirement and unexpected expenses."

CUNA economist says the dispute with China will slow growth, but not sink the U.S. economy.

"... it is crucial that community financial institutions understand what consumers look for when shopping for a bank or credit union."

Callahan finds fewer mortgages and slower car sales attributed to the drop.

Both sides of the debt collection rules debate are not happy with the results so far.