Fannie Mae has a new mortgage offering called HomeReady Mortgage, designed for creditworthy, low- to moderate-income borrower. It allows expanded eligibility for financing homes in designated low-income, minority, and disaster impacted communities.
Each year, Catalyst Corporate FCU packages up its economic outlook for the upcoming 12 months in a way that effectively presents information on rates, credit risk, investments and regulatory concerns to its member credit unions.
CU*Answers, a Grand Rapids, Mich.-based credit union service organization, has launched a National Credit Union Administration-endorsed small-dollar lending program for federal credit unions designed to protect members from predatory payday lenders.
Mobile bill payment has increased among U.S. consumers by 70% since 2013, with 27 million U.S. online households now paying at least one bill from their phone, according to the seventh annual Billing Household Survey from Fiserv Inc.