As more credit unions gain low-income status, risk-based loan pricing again takes center stage.
Homes in these East Coast markets remain for sale longer than 60 days after being listed, despite otherwise good economic conditions.
Regulation, competition and compliance still top concerns, Bob Hammer says as his firm celebrates 25th anniversary.
Regulatory advice includes specific expectations of examiners, such as risk management strategies and documentation.
Real estate data say the West is best for credit unions seeking loan growth.
While economists predict big loan gains this year, credit union leaders remain cautious.
Meanwhile, about half of all small credit unions reporting lending declines in the first quarter.
Higher interest rates and more buyers and sellers are clear signs that the housing market is continuing to recover after years of taking a beating. With that healing, some economists are predicting the current refinance market will shift toward a purchase market. The danger is some credit union mortgage programs...
The U.S. housing finance market may be poised for a historic shift away from a long trend of primarily refinancing existing real estate loans to primarily funding new real estate purchases.
A former boss used sailing analogies to describe the mortgage market, saying things like, “A rising tide floats all boats.” With refinance loans falling and demand far exceeding supply, it’s hard not to look like an industry captain. Whether it is government subsidized programs, wide margins or vehicles to invest...