Straight to The Point: September 27, 2018

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star3 OwnersChoice Funding will host its first ever Mortgage School on Wednesday, Oct. 24, for credit union staff and employees that need an introductory or refresher course on the mortgage industry – The Point

star3 NCUA released its 2019-2020 proposed budget for review and comment – The Point

star3CFPB created a guide to help individuals with their finances in the event that they are preparing for, recovering from or rebuilding after a hurricane, tornado, earthquake or other disaster The Point

star3 A recent complaint filed with the Equal Employment Opportunity Commission against Facebook could have credit unions and other employers taking a closer look at how they advertise job openings on social media platforms CU Times

star3 A new study shows that Amazon and non-Amazon customers alike would be willing to try a free, online bank account if the online giant offered it CUToday

star3 Rising U.S. borrowing costs have had an adverse effect on procrastinating homebuyers. With fixed 30-year mortgage rates up about seven-eighths of a point over the past year, prospective owners have lost roughly 10 percent in purchasing power Bloomberg

star3 With a strong labor market and expectations for more growth in the economy, consumer confidence in the U.S. reached an 18-year high in September – PYMNTS  

star3 The Federal Reserve raised interest rates on Wednesday, as expected, and forecast three more years of economic growth – Reuters

star3 Sen. Elizabeth Warren’s attempt to expand the Community Reinvestment Act to certain credit unions is yet another incentive for credit unions to examine getting their low-income designation – New York’s State of Mind

 

 

 

 

 

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