New technology alliances are announced for mobile loan origination and cloud systems.
Credit unions employing CU Direct represent the nation's third-largest auto lender based on originations.
The overall loan delinquency rate for banks during the first quarter of 2016 was nearly double that at credit unions.
It's still true today: Credit unions exist to provide financial services to those banks won't serve.
Fired CFO and VP of lending allege current CEO violated GAAP rules to meet income goals.
Home flippers earned an average gross profit of $58K, the highest level since Q3 2005.
The bureau will reveal the entire proposed rule today during a field hearing in Kansas City.
Charles Juska committed loan fraud to help struggling members. His actions cost his $23M credit union hundreds of thousands of dollars in losses.
Mortgage and auto loan default decreases fueled the overall drop, while card defaults increased 17 basis points.
New car sales are expected to reach 17.7 million in 2016.