title insurance

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  MBL Losses Prompt More Legal Opinions

  By Heather Anderson  |  February 27, 2013

  Before the recession, credit unions sometimes skimped on requiring business borrowers to provide legal opinions for transaction fundamentals, attorney Dustin DeVore told an educational session audience during a Feb. 11 Metropolitan Area Credit Union Management Association meeting in Rosslyn, Va.

• Credit Unions Evade Most New Mortgage Rules

  By Heather Anderson  |  January 30, 2013

  The Consumer Financial Protection Bureau released final mortgage rules that restrict loan originator compensation methods and increase the level of service loan servicers must provide to borrowers. However, due to the way credit unions already do business, trade associations say neither rule will have a major impact on the industry.

• CFPB Issues Final Mortgage Rules That Limit Originator Compensation

  By Heather Anderson  |  January 18, 2013

  Originators also can't be paid more for pushing higher interest rates, selling title insurance. Criminal background checks also required.

• Northeast

  March 2, 2011

  Dover Federal Credit Union, Dover, Del., hired Lynne Schwab Schaefer in January as vice president of business services. The new division will provide the Delaware business community with lending and deposit options. Schaefer brings over 20 years of diverse banking experience, most recently with WSFS Business Banking, to her new...

• Robo-Signing Fallout Likely to Slow a Sluggish Housing Market

  By David Morrison  |  October 20, 2010

  The news that some large banks have been cutting corners on the foreclosure process will most likely keep the U.S. housing and mortgage markets from recovering as quickly they could, according to housing and mortgage experts.