mortgage

• Study: Mortage Defaulters May Be Good Credit Risks

  By David Morrison  |  June 5, 2011

  Credit unions that are being approached for credit from members who have a mortgage default in their history might take some comfort from a new study from TransUnion, one of the three major credit reporting firms in the U.S.

• Analytic Firm Sticking by Forecast for Shrinking Mortgage Market

  By David Morrison  |  June 5, 2011

  A real estate analytic and forecasting firm is sticking by its predictions for a significantly smaller mortgage and real estate market in 2011 over 2010.

• TransUnion Study Suggests Mortgage Defaulters Better Credit Risks Than Supposed

  By David Morrison  |  May 24, 2011

  Study finds no strong evidence for "excess liquidity theory" that suggests debtors using cash flow boost to repay other debts.

• New Consumer Bureau Unveils Model Mortgage Forms

  By Claude R. Marx  |  May 18, 2011

  Two versions of form introduced by Elizabeth Warren in conference call, will get tested by consumers and brokers in six cities.

• Average Credit Score for Mortgage Limiting Market, NAR Laments

  By David Morrison  |  April 20, 2011

  Home sales are rising but they would even more if qualified consumers weren't being shut out of the market, trade group says.

• Q1 Foreclosures Drop, But RealtyTrac Expects Them to Rise Again

  By David Morrison  |  April 14, 2011

  Document-driven backlog forces causes drop in foreclosure rate, firm says.

• Foreclosures Are Unheard of at National Federation of CDCUs

  By Eileen Courter  |  April 13, 2011

  Even as the economy improves, foreclosures remain a problem for many lenders–but not the National Federation of Community Development Credit Unions.

• 

  CU Mortgage Mural Covers One Whole Wall

  By David Morrison  |  March 4, 2011

  The $218 million City Credit Union has painted an entire wall in its headquarters to help promote its mortgage program.