The trades last week came out against principal forgiveness, an idea floated by Federal Housing Finance Agency Director Edward DeMarco. Political observers, however, noted that he has long been opposed to debt forgiveness and may be simply responding to consistent pressure from the Democratic Party.
Some thoughts on strategic defaults, remote deposit capture and even Greece.
As the Oct. 1 interchange cap day fades into history, consultants are urging CUs to focus more attention on their debit programs.
As the Oct. 1 deadline for the interchange cap to go into effect fades into history, consultants who work with credit unions on managing their debit programs are urging CUs focus more attention on their debit programs.
Sundie Seefried , the CEO of Partner Colorado Credit Union, is sick of it and made it plain that she for one is not going to take the blame for hurting small credit unions.
Reactions to the $800 million in lawsuits filed June 20 by NCUA against J.P. Morgan Securities and RBS Securities over what NCUA claims were fraudulently packaged mortgage- backed securities heated up as experts debated exactly what is going on and what the litigation means to credit unions.
Asthe October deadline for hitting key minimum financial ratios draws nearer, more spreadsheets are floating around the credit union industry.
Credit unions could use a charismatic leader right now. Who is going to rallies the troops to get this splintering industry to-well-cooperate
Bravo Sarah Snell Cooke.
Bottom lines will be squeezed for the next year or two. They probably won't rise until unemployment declines. What does that mean for credit unions? It means it's time to start getting rid of some friction.