The CFPB’s mortgage initiative only makes the lending process more confusing for borrowers and credit unions.
In the wake of Montauk's conservatorship, some experts say other CUs involved with taxi medallion lending may soon face challenges.
Requiring a personal guarantee for business loans is safe and sound business practice.
Callahan reports credit unions in 10 states hold double-digit shares of their states’ mortgage markets.
Only 27% of families are on track to meet their savings goals, Fidelity Investments reports.
Only 200 credit unions participate in the SBA's 7(a) loan program.
Editorial commentary on current issues from CU Times' editorial staff and correspondents.
The number of originations has declined by 31% since 2013, according to reported data.
Montauk CU is one of four New York cooperatives serving the taxi medallion industry.
Long Island credit union says it captured 16% of the home equity product market last year.