Lending

Their outlook for U.S. growth could be downgraded and their December estimates for hiking twice in 2019 could get pared back.

However, reports show credit unions share the trend of slower gains than years past with banks.

"To credit reporting bureaus, consumers aren't consumers. They are commodities," Waters says during the lengthy hearing.

The index of pending home sales rose 4.6%, after a 2.3% decline the previous month.

"As you may know, there is exceptionally high demand for CDFI resources, which far outpaces the availability of funding."

The decline underscores the broader slowdown in housing in recent months.