The average 30-year fixed-rate mortgage rate increased to 6.43% for the week ending April 27, 2023, according to the latest Freddie Mac data. That’s up from last week when it averaged 6.39%. A year ago, it averaged 5.10%.
(Bloomberg) -- There are not enough people to repossess all the motorcycles. That was the message from Harley-Davidson Inc., which said Thursday its credit losses in the first quarter were due in part to a shortage of repossession agents.
The lawmakers are introducing a bill to repeal the Consumer Financial Protection Act that created the agency and restore federal laws "as if the act had not been enacted," according to a copy of the bill obtained by Fox News Digital. Since it was established in 2010, Republican lawmakers and financial groups have criticized the CFPB as an unnecessary agency.
PSCU has launched a solution that helps credit unions implement buy now, pay later (BNPL). The credit union service organization’s (CUSO’s) new Installment Payments solution allows some post-purchase credit card transactions to be converted into installment payments, PSCU said in a Thursday (April 27) press release.
FOLSOM, Calif., April 26, 2023 /PRNewswire-PRWeb/ -- SAFE Credit Union hosted its first conference dedicated to supporting credit unions and the FinTech industry in April at the SAFE Credit Union Convention Center. The FinTech Credit Union Connection drew on the growing synergy between credit unions and FinTechs in the Sacramento region, calling on industry and banking leaders from the Bay Area and beyond to attend and speak at the event.
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