The NCUA's proposal has five flaws, credit union executives say.
Credit union executives say they can comply, but question some of the rule's risk-weighting details.
Mortgage Bankers Association says its index showed uptick.
There is a growing industry backlash against the criteria for member business loan waivers.
NCUA program officer gets an earful about business loan waivers from NACUSO attendees.
Latest in ongoing court fight over $72 million in failed securities rated by S&P and sold by RBS Securities to CUNA Mutual.
Insurer seeking to recover $72 million from RBS Securities.
The continued high volume of HARP loans is attributed to record-low mortgage rates and program enhancements.
Although many credit unions may not have realized it, the second version of the federal government’s Home Affordable Refinance Program is a more workable and beneficial for both borrowers and credit unions than its predecessor, according to housing finance executives at credit unions that have begun making the loans.
The Great Depression and the decades leading up to it forced many to look beyond their comfort zones just to be able to survive another day.