The prospect of credit unions building a stronger housing finance industry received some good news last week when a new CUSO, Mortgage Liquidity Solutions, announced its first sale of participations in CU-originated mortgage loans.
New network comprises more than 1,700 credit unions, 4,400 branch locations and 2,200 kiosks in 7-Eleven stores.
The credit union owner list of core processing CUSO CU*Answers has now crossed the century mark, with eight new stockholders pushing the number to 101.
Mortgage Liquidity Solutions makes sale for Affinity Plus FCU in St. Paul, Minn.
One of the National Credit Union Foundation's more unusual grants this year went to the 28,000-member $201 million asset Carter Federal Credit Union, headquartered in Springhill, La. The foundation provided $25,000 for the credit union to produce financial education trailers that will run before movies at a film camp popular...
The NCUA will likely have much to consider as it reads through more than 280 comment letters that came in on the agency’s proposal to amend the CUSO rule.
After receiving more than 280 comment letters on its proposed CUSO rule amendments, the NCUA is considering its next steps.
PSCU CEO compares struggle with banks to "Davd in the Goliath battle."
A credit union investment CUSO is positioning its investment options for increased business as it anticipates an early redemption by Western Bridge of more than $4 billion in CDs by Oct. 3.
The problem with the NCUA’s CUSO proposal is that the focus is on supervisory oversight of CUSOs rather than their relationships with credit unions.