Credit union industry economist says the report "reframes" thinking about the momentum of the economy.

The second quarter shows a big gain in first mortgage originations and a solid gain for consumer lending.

Mortgage Bankers Association finds originations grew more than 7% last year, while HMDA data shows production rose more than 9% among a sample of credit unions.

Three credit unions announce expansions in the fast-growing state, while the slower-growing Connecticut and Maine each gain one.

The Federal Housing Finance Agency says lenders now need only provide one credit score, not two, for GSE loans.

Mortgage Bankers Association also sees weaker economic growth and slower gains in home sales.

Chances of a recession by the end of 2026 are 40%, down from 60% in its April forecast.

Velera finds the balance of its pool of credit cards fell for the first time in at least five years as consumer budgets tighten.