Lending

Mortgage Bankers Association reports drop in purchase applications as prices rise.

Gallup polls find about 77% of retirees think they have enough money to live comfortably after they stop working vs. roughly 49% of those not yet retired.

High credit quality, an improving economy plus low balances equals room to grow.

Barry-Fall testifies at a House subcommittee hearing on CDFIs.

Cox Automotive finds credit unions tightened lending from March to April as others eased.

The new rate for undergraduate federal student loans will be 3.734% in the 2021-2022 academic year, up from 2.75% for this year.