CU Times compiles our exclusive data sets in combination with information received from NCUA and other federal agencies to give a clear view of lending trends involving credit unions (i.e. mortgage, auto loans, HELOCs, student loans).
Nearly 375 banks, credit unions and other lending institutions have already been approved to participate in the Small Business Administration's month-old Patriot Express Pilot Loan program.
The American Credit Union Mortgage Association (ACUMA) announced today that they would present a credit union-related breakout session to some 30,000-expected attendees to the Annual Convention of the National Association of Realtors taking place here Nov. 13-16.
The Wisconsin Credit Union League has now added its weight to the growing trend of countering foreclosures and predatory mortgages with the credit union common sense approach to real estate lending.
Southwest Business Corporation recently announced that it has added a Reverse Mortgage Division to its credit union mortgage services menu. SWBC President/CEO Gary Dudley said the company recognized the growing demand for the product and was responding to CU-client inquiries.
With average home prices in Dane County about half those in the Los Angeles area, some LA folks might not think Madison-area homebuyers have a problem.
If you are shopping for a used car and you have less than A or B credit, you'll pay a higher interest rate on a loan. That's a given, and even subprime borrowers who aren't financially savvy know it from experience. But just how bad a deal can you get?...
In a novel twist to payday lending, a Phoenix credit union, the $1.1 billion Arizona State, has agreed to a partnering pact with a Tucson health care employer to help its workers "break the debt cycle" to payday shops.
Paragon Federal Credit Union said its member business lending program is "totally maxed out" and is feeling the pains of the federal regulatory cap on such loans.
Debuting what is being called an innovative approach to payday products, the $200 million Family Trust Federal Credit Union has rolled out "Lifeline Advance" loans incorporating both a savings feature and a $35 program fee.