Credit unions may have their best opportunity ever to boost the portion of mortgage loans that actually go to purchase homes as opposed to loans that refinance previous notes.
Mortgage Bankers Association says that's 8% of outstanding balance nationally.
Forget that jobless claims were revised upward, even higher than initial projections. The New Year is a time for optimism. As California CU League Economist Dwight Johnston wrote in his commentary in the Trust for Credit Unions e-newsletter, “This was the fifth year in a row of triple-digit gains on...
Resolution for 2013: Put some energy into political activity, regardless of which side of an issue you're on.
Tax relief law gives break to amounts forgiven by lenders when mortgage is modified or home is list in foreclosure or sold in short sale.
Fed, FDIC, Comptroller say comments, concerns influenced decision. No new date announced.
FHFA seeking comment on possibility of allowing seizure, sale of residential mortgages.
Balances to remain, regulator says.
Commercial and multifamily mortgage delinquent loans were down for credit unions, banks and thrifts during the first quarter.
Mortgage Bankers Association chief heading to Atlanta as president of SunTrust Mortgage.