NAFCU News Archives

Freddie Mac announces underwriting innovation

Freddie Mac announces underwriting innovation

Freddie Mac announced Monday a new underwriting innovation that aims to qualify more borrowers for a mortgage. The innovation will include a “review of a borrower’s bank account data to identify a history of [...]

Retail sales see no change in September

Retail sales see no change in September

Total retail sales saw no change in September following an increase of 0.4 percent in August. NAFCU Chief Economist and Vice President of Research Curt Long analyzed the report in a new NAFCU Macro [...]

CFPB reports market research of BNPL fintech

CFPB reports market research of BNPL fintech

What better distraction is there from wedding planning than a breakdown of the Consumer Financial Protection Bureau’s (CFPB) market report on BNPL lenders and products? The CFPB recently filed a market report summarizing data [...]

Focusing on ROI leadership

Focusing on ROI leadership

It might be fall and the leaves are beginning to change, but as leaders of our organizations, we typically know this time of the year as “budget season,” and we’ve been spending a lot [...]

Consumer credit growth accelerated in August

Consumer credit growth accelerated in August

Total consumer credit rose 8.3 percent, at a seasonally adjusted, annualized rate, in August and is up 8.1 percent compared to a year ago. Revolving credit - primarily credit cards - rose 18.[...]

NAFCU’s Moore provides remarks at FHFA’s fintech listening session

NAFCU’s Moore provides remarks at FHFA’s fintech listening session

The Federal Housing Finance Agency (FHFA) Thursday held a listening session on financial technology in housing finance where NAFCU Senior Regulatory Affairs Counsel Aminah Moore provided remarks. During her remarks, Moore expressed support for further [...]

Harnessing executive presence as a leader

Harnessing executive presence as a leader

Have you ever heard the term ‘executive presence’? Joel Garfinkle defines it as a catchall term for the charisma, confidence, decisiveness, and boldness that leaders often present. It’s true that a leader with a [...]

CUs: Utilize NAFCU resources ahead of 2022 election

CUs: Utilize NAFCU resources ahead of 2022 election

With the 2022 election season well underway, NAFCU remains committed to supporting credit union champions in races across the country and assisting credit unions in getting the message out on issues important to them. For [...]