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By Eileen Courter |
March 25, 2012
In 1949, seven employees at the National Advisory Council for Aeronautics formed a credit union. The agency was destined to become the National Aeronautics and Space Administration in 1958, on the cusp of a time period when the space race with the Soviet Union was to end with a man...
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By David Morrison |
March 19, 2012
If there were a category of potential credit union members that could be described as beyond unbanked, those would be the people that the Durham, N.C.-based Latino Community Credit Union seeks to serve.
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By Jim Rubenstein |
January 12, 2012
Program aims at easing interest rate, down payment barriers.
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By David Morrison |
January 9, 2012
Despite the U.S. housing finance market ongoing uncertainty, three credit union mortgage executives painted a largely positive outlook for 2012.
Credit Union Times asked their thoughts on what the industry can expect as well as what the mortgage lending expectations in are in local markets.
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By David Morrison |
December 4, 2011
The ongoing saga involving PMI Mortgage Insurance and CUNA Mutual Group Mortgage Insurance entered into a new stage on Thanksgiving Eve when the PMI Group, PMI MI's holding company, filed for bankruptcy in federal court.
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By David Morrison |
December 4, 2011
Greater financial education, a greater variety of loan products and different lending strategies have all been techniques credit unions have begun to use to help borrowers meet more stringent housing finance requirements, according to executives from credit unions and mortgage CUSOs.
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By Sarah Snell Cooke |
November 23, 2011
PMI, which with CUNA Mutual Group created CMG Mortgage Insurance in 1993, filed for Chapter 11 bankruptcy protection Nov. 23.
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By David Morrison |
November 17, 2011
One example of this trend is the 162,000-member, $1.41 million UW Credit Union, headquartered in Madison, Wis.
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By David Morrison |
November 6, 2011
A dispute over who owns the rights to the name of a long-standing credit union real estate institution appears to pit a mortgage consultant within one of the institution's chapters against the leading provider of private mortgage insurance for credit unions.
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By David Morrison |
October 30, 2011
The State of Arizona moved in last week to assume control of PMI Mortgage Insurance, one of the two shareholding companies of CUNA Mutual Group Mortgage Insurance, the leading mortgage insurer for credit unions in the U.S.
