Lending

July 1, 2008
Wright-Patt CUSO Named CUSO of the Year
FAIRBORH, Ohio — myCUmortgage, a division of Wright-Patt Financial Group, was named 2007 CUSO of the year by Prime Alliance. The CUSO was cited for its home loan volume and client relations.
Article found in CUSOs, Lending
July 1, 2008
On-Site Coverage: Recession Survival Techniques Revealed
NEW YORK — Don’t penalize your members for the bad economy and take advantage of the credit crunch by reaching out to those having trouble getting loans from weary banks.
July 1, 2008
Dorsa Urges Credit Unions to Step Up Mortgage Marketing
LAS VEGAS — American Credit Union Mortgage Association President Bob Dorsa said he can’t shake the feeling that credit unions are at least partly to blame for losses in the mortgage industry. ...
Article found in Lending
July 1, 2008
Equifax APPRO Adds Account Opening
NEW YORK — Equifax is now offering an online account opening solution. The APPRO offering gives credit unions and banks access to account opening, cross selling, consumer and business lending ...
June 27, 2008
Credit Unions Shouldn’t Worry About Liability In Countrywide Suits, Experts Say
GLENDALE, Calif. — Credit union attorney Joe Melchione and American Credit Union Mortgage Association President Bob Dorsa both said credit unions that did business with Countrywide Financial ...
Article found in Lending
June 19, 2008
SBA's Patriot Express Deliver $150 Million
WASHINGTON — In just under a year’s time, the Small Business Administration’s Patriot Express pilot loan initiative has approved more than $150 million in loan guarantees to nearly 1,500 ...
Article found in Lending
June 12, 2008
On Site Coverage: CUs Get Educated on Latin American Economics
DALLAS — A plenary session on Latinos and the democratization of financial services at the 34th Annual Serving the Underserved and 5th Latino Credit Union Conference provided attendees with ...
June 12, 2008
On Site Coverage: Cabral Gives Advice on Foreclosures
DALLAS — The 34th Annual Conference on Serving the Underserved and 5th Latino Credit Union Conference started yesterday with a welcoming ceremony featuring the U.S. ...
June 12, 2008
On Site Coverage: Panel Tells How to Serve the Underserved
ALLAS — The leadership forum panel at the 34th annual Serving the Underserved 5th Latino Credit Union spoke to attendees about how credit unions can best serve low-income members.
June 12, 2008
Fed’s Beige Book Reports Soft Commercial Loan Activity
WASHINGTON — Certain cities reported a softened commercial real estate landscape while others experienced modest or stalled activity, according to the Federal Reserve Board’s Beige Book, ...
Article found in Lending
June 11, 2008
Wescom Now Offering Reverse Mortgages
PASADENA, Calif. — Wescom Credit Union has announced it now offers reverse mortgages, utilizing its own company, Reverse Mortgage Lending Inc.
Article found in Lending, Marketing
June 10, 2008
Gas Pain Elixir: CU Scooter Loans
NEENAH, Wis. — Two credit unions, one in Wisconsin and the other in Vermont, are pedaling scooter loans this spring to provide members an alternative or perhaps relief from pain at the pump.
Article found in Lending, Marketing
June 10, 2008
High Gas Prices Park SUVs, But Ignite Remarketing Service
CHATSWORTH, Calif. — Gas prices have hit commuters so hard in Southern California, even Telesis Community Credit Union CEO Grace Mayo said she’s considering riding her motorcycle to work this ...
Article found in Lending
June 9, 2008
Survey Finds Latinos Need Guidance
SILVER SPRING, Md. — A National Foundation for Credit Counseling/MSN Money 2008 Financial Literacy Survey finds that when it comes to serving Latinos, there is still much work to be done.
Article found in Lending, Marketing
June 3, 2008
Ohio Moves Against Payday Lenders
COLUMBUS, Ohio – Governor Ted Strickland yesterday signed into law legislation that caps interest rates at 28%, joining Arkansas, New Hampshire, Oregon and the District of Columbia.
Article found in Lending

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