real estate market

• Private Student Lending Followed Same Path as Burst Mortgage Bubble

  By Heather Anderson  |  July 23, 2012

  The private student loan market shares some similarities with the real estate market before the mortgage bubble burst, federal report says.

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  Mortgages: CUSOs Help CUs Reach New Heights

  By David Morrison  |  June 4, 2012

  Credit unions smashed through a previous record in the first-quarter 2012 when they originated 8% of all mortgages made in the U.S. Now there are signs that their success represents more of a sustainable trend than a mere statistical anomaly.

• NCUA Says AMAC Left $1.26 Million on the Table

  By Heather Anderson  |  April 3, 2012

  Agency inspectors say shortfall was from liquidation rather than bulk sale of Florida property by Michigan's failed Huron River Area CU.

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  After Taking Flight, NASA FCU Adopts to Lean Times

  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...

• Distressed Real Estate Made Up Smaller Percent of Sales in 2011 3Q

  By David Morrison  |  January 26, 2012

  RealtyTrac says sales of foreclosed homes accounted for less real estate sales in the third quarter of 2011 from both the prior quarter and the year before.

• Sorry, Mr. Speaker, Credit Unions are Not GSEs

  By Dennis Dollar  |  January 24, 2012

  Presidential candidate again misspeaks on credit unions, raising question if its intentional or lack of understanding. Either is troublesome.

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  Long, Winding Road to Recovery

  By Natasha Chilingerian  |  September 25, 2011

  At the close of 2011’s second quarter, a handful of credit unions located in the sand states, where a teetering economy has made it most difficult for financial institutions to thrive, shared hopeful bits of news: net worth ratio improvements, net income increases, loan loss reductions and operating expense cutbacks.

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  Sand States See Long, Winding Road to Recovery: Print Preview

  By Natasha Chilingerian  |  September 23, 2011

  This article will be among the news, features, analysis and insight filling the pages of the next print edition of Credit Union Times.

• Existing Home Sales Provide Burst of Encouragement

  By David Morrison  |  September 23, 2011

  NAR reports August sales up nearly 19% from year-ago month.

• Mergers Move East

  By Jim Rubenstein  |  August 31, 2011

  For months it has been the sand states getting all the merger attention. But last week’s consolidation move by the $2.6 billion Visions FCU, Endicott, N.Y., to take over the long-ailing $330 million Paragon FCU in New Jersey shifted the merger focus to the Mid-Atlantic.