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Agency says 190 so far this year among federally insured credit unions.
The top 25 mortgage lenders recently reported only 29,912 preapprovals resulted in mortgages used in a home purchase in 2012, according to data from the Federal Financial Institutions Examinations Council. That figure is down from 101,626 in 2007.
As the shutdown of the federal government entered its second week, private mortgage insurers alerted clients and potential clients they will insure mortgage loans if the Federal Housing Administration, operating with a skeleton crew, jeopardizes closing dates.
The $190 million Cy-Fair Federal Credit Union located in Houston, Texas has hired Brett Wooden for the newly created position of senior vice president of marketing and innovation. Prior to joining Cy-Fair, Wooden held positions at Unitus Community Credit Union in Portland, Ore., where he developed a reputation for using...
From East and West, Midwest and South, credit union people in the news.
Analysis shows Republican-leaning states particularly affected in areas of home purchasing and student lending.
When it comes to buying a new car, baby boomers may have an edge over the potential buying power of the much sought-after Generation Y.
During the information technology budgeting process, experts say expensive mistakes include cutting corners on security, splurging on ineffective new tech tools and not aligning future technology investments with existing strategy.
At press time, the federal government shutdown was on its second full day. Reports are mixed regarding how long it could last—some still maintain it will be over in a few days, while others insist the political impasse could drag on for weeks.