Credit union experts agree with Lennar CEO, who says borrowers find underwriting scary and invasive.
CUSO cites fewer repossessions in its decision to discontinue division.
Learn how a business lending CUSO is helping members prepare for tougher MBL exams.
Multi-featured lending has been a hot topic since changes to Reg Z’s open-end rules were announced in 2009. The most recent development is the NCUA’s July 2012 letter to federal credit unions, 12-FCU-02, and accompanying supervisory letter to examiners.
The key financial indicators of Kentucky credit unions are positive, yet conservative. And that’s just how they like it in the Bluegrass State.