Healthy Jobs Lift On-Time Mortgage Payments

Strong job and wage growth helped mortgage delinquencies continue to diminish in the first quarter of 2017, the Mortgage Bankers Association reported. Mortgages that are late —but not in foreclosure — accounted for a seasonally adjusted 4.71% of all...

CO-OP THINK Panel Exchanges Payment Strategies

Credit union strategies and solutions for navigating the evolving payments landscape was an industry session lunch panel emphasis at the CO-OP Financial Services THINK 17 conference in New York City. On the panel: Jess Turner, EVP, North America digital payments and...

Trades Tally Hurt from Military Lending Rules

Credit unions serving military personnel have seen a drop in consumer loans, which trade groups attribute to regulations designed to protect service members from lending abuses. CUNA and an allied group, the Defense Credit Union Council, sent a seven-page letter to...