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.

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.

New initiative channels state funds through CDFI credit unions to support underserved entrepreneurs.

May’s 12-month growth rate is slightly better than April's, but gains are still far weaker than in past years.