News

The short- and medium-term outlook for the U.S. real estate and mortgage markets would probably confound Nostradamus. Have home prices bottomed out?

LAS VEGAS Driven by new economic realities, more and more banks and credit unions are now beginning to use the tools they've long had available to them to analyze the profitability of individual members and customers.

Attorneys General in Connecticut, Illinois and Ohio have signaled their interest in looking into how large mortgage holders and servicers have been managing delinquent mortgages through foreclosure or modification.

Credit unions shouldn't have to use the phrase "total overdraft fees," on their statements when describing how much a member has to pay for overdrafts, CUNA and NAFCU told the NCUA.

House Financial Services Committee Chairman Barney Frank (D-Mass.), who is facing a stronger than expected reelection challenge, lent his campaign $200,000.

New research from Market Rates Insight showed that banks and credit unions may be offering consumers and members the reverse of what they are demanding with CDs.