BOSTON — The Consumer Financial Protection Bureau’s qualified mortgage rule that limits closing costs to 3% of the loan balance will have such a big impact on Midwestern credit unions, one Minnesota-based executive said he’d lose money if he complied.
Here are photos from the action on Wednesday at NAFCU's 46th Annual Conference in Boston.
BOSTON — NAFCU breakout session focuses on mortgage loans that don’t comply with CFPB qualified mortgage rules.
CU Realty Services, the housing finance CUSO that seeks to make credit union central to their members real estate purchasing experiences, announced it has signed on two more credit unions.
CU Realty CEO Mike Corn said the improving housing market and growing name recognition have helped the CUSO grow its business.
Credit union people being hired, promoted, retiring and contributing to the community.
Hirings, promotions, retirements among credit union people.
LAS VEGAS — Some say credit unions, CUSOs get mixed messages about who's responsible for due diligence in business lending.
Turner makes move from Eli Lilly FCU in Indianapolis.
Though a little weaker than residential real estate, reports on sales and leasing of nonresidential real estate are still mostly positive.