real estate

• Credit Unions Should Look Outside the Box for Housing Finance Talent, Exec Says

  By David Morrison  |  April 17, 2013

  Real estate, underwriting and loan processors all can make the move into loan origination, PFS Funding founder Joseph Parsons says.

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  NCUA Sells U.S. Central’s Kansas City Headquarters

  By Heather Anderson  |  April 12, 2013

  Purchase price not disclosed for 129,321-square-foot facility that once housed one of the largest of the corporate credits unions, pre-collapse.

• Credit Unions Not Getting Pampered With a Spa Day

  By Sarah Snell Cooke  |  April 10, 2013

  Some dustups have taken place or are in the works that are affecting credit unions. It’s enough to clog your pores, so I’m going to just clean that up a little bit with an apricot scrub. (I’ll apply a light cleanser to that mixed metaphor while I’m at it.)

• Ohio MBL CUSO Touts First-Quarter Financials

  By Michelle A. Samaad  |  April 5, 2013

  Cooperative Business Services is hoping the $29 million it funded in the first quarter will lead to a second consecutive year of record growth.

• Baltimore's MECU Agrees to Buy Local Bank

  By Marc Rapport  |  April 4, 2013

  Purchase would mark fourth credit union takeover of bank in past year and a half.

• Cooperative Business Services CUSO Surpasses $150 Million Mark in Ohio

  By Michelle A. Samaad  |  April 1, 2013

  Ohio-based CUSO last week funds 678th loan since 2003 debut.

• Prudential PenFed Realty Expands in Maryland

  By Michelle A. Samaad  |  March 27, 2013

  Credit union's real estate arm opens new office in Columbia, Md.

• Telesis Failure Blamed on Management, Board, Regulators

  By Heather Anderson  |  March 27, 2013

  The NCUA’s Inspector General blamed Telesis Community Credit Union’s former management and board as well the NCUA and California Department of Financial Institutions for the Chatsworth, Calif.-based institution’s failure in a material loss review released March 20.

• Commercial Real Estate Growth Highest at Billion-Dollar Banks

  By Michelle A. Samaad  |  March 26, 2013

  SNL Financial says $10 billion to $50 billion banks reported the highest commercial real estate loan growth in 2012.

• Telesis Loss Review Reveals NCUA Will Raise Some Net Worth Requirements

  By Heather Anderson  |  March 21, 2013

  OIG says agency should amend capital rules to reflect higher risk in member business loan portfolio.