Lending

Drop for new and used automobiles is the biggest one-month drop in at least 10 years.

Loan originations also continue dwindling for first mortgages and consumer loans.

"The extended period of prosperity in the U.S. housing market may be showing signs of easing."

How credit union leaders can drive efficiencies while keeping their eyes on the road, and in this case, their auto lending strategies.

High vehicle prices, interest rates and extended loan lengths create an unsustainable marketplace for consumers and CUs.

Mortgage Bankers release first forecast for 2025, expecting its gain will be nearly as large as the one it expects for this year.