Credit union leaders say they already consider FICO's changes when underwriting loans for members.
Will the new change in the way credit scores are calculated result in a loan growth boost for credit unions?
The lingering slowdown that is afflicting the U.S. economy is forcing credit unions to pay more attention to collections, a part of their business that is often forgotten or ignored, according to a new report prepared by the CUNA Lending Council.
The coming year's executive committee and officers for the CUNA Lending Council were recently named at the council's annual meeting in Las Vegas.
I started reading the Focus Report [Oct. 13 issue] guest opinion article entitled "How to Use the Best Predictive Tools to Revive Mortgage Lending" by Joanne
For some credit unions, it may be taking longer to fill senior lending positions because candidates may lack the ability to think strategically, said Bill Vogeney, secretary and treasurer for the CUNA Lending Council.