LAS VEGAS — American Credit Union Mortgage Association’s agenda includes addressing complex regulations.
Get ready to make big changes in how you calculate loan loss allowances.
SECU makes room for another $25M worth of defaulted student loans for students who want to repair their credit.
Student loans increase by 84% from 2008 to 2014 and surpass home equity, credit card and auto loan balances.
TransUnion reports rate of delinquent auto loans rises by 9% in the second quarter.
Great Recession, portfolio performance concerns, led the Los Angeles-based credit union to suspend lending activity.
Members apply for $4 million in loans each day.
Credit unions fare the worst compared to other lenders in 30-day and 60-day delinquency increases.
Total credit union auto loans outstanding tops $191 billion in the second quarter.
Real estate data firm says student loans alone aren't enough to keep college graduates from buying a home.