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October 20, 2010
More proof has rolled in that foreclosed property sales are making up a steadily growing percentage of the U.S. real estate market.
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October 13, 2010
The economic recession and corresponding real estate market crisis have caused credit unions and other lenders to dramatically tighten their mortgage underwriting standards in order to protect their business and stay afloat in these tough times.
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By David Morrison |
September 30, 2010
More proof has rolled in that foreclosed property sales are making up a steadily growing percentage of the U.S. real estate market.
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By David Morrison |
September 29, 2010
LAS VEGAS -- The American Credit Union Mortgage Association wanted attendees at its 2010 annual conference to walk away with two convictions.
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By David Morrison |
September 23, 2010
For the second time this week, a national statistic has suggested that the real estate market might be stabilizing further.
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By David Morrison |
September 16, 2010
LAS VEGAS -- One of the nation's leading real estate executives offered credit union mortgage executives a robust defense of the home buyers tax credit that had been in place earlier this year.
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By Michelle A. Samaad |
August 31, 2010
While vacancies in office and retail space remain high, apartments and multifamily units are making a comeback in the commercial real estate market, one real estate expert noted.
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July 28, 2010
In a consent order, the NCUA last week barred Richard Koenig, the former chairman of Central States Mortgage Corp., a bankrupt Milwaukee CUSO and ex-CEO of the $144 million Prime Financial CU of Cudahy, Wis., from further industry activities.
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By Michelle A. Samaad |
July 21, 2010
With the NCUA beating the drum even louder lately to increase the member business lending cap, the regulator is still aware of the troubled loan portfolios that have plagued some credit unions.
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By David Morrison |
July 14, 2010
At times, the mortgage program at Las Vegas-based Nevada Federal Credit Union has felt like an oasis of stability in the middle of a real estate market that has swung wildly from one extreme to another.