Credit union members will be able to invest locally and raise capital as entrepreneurs.
Pentagon Federal Credit Union subsidiary expands brand with latest acquisition.
More consumers buy homes with median price hitting $208,300.
Quicken Loans, the nation's second largest home mortgage lender, reported the week of Nov. 10 that home values in most of the nation's major metropolitan areas continued to increase in October, rising an average of more than 2% from September to October of this year.
Brian Quinn, assistant vice president for business services at the $857 million Franklin Mint Credit Union in Broomall, Pa., is the first to admit the system he's using to process member business loans is archaic and inefficient.
The idea for Michigan First Credit Union to open its own mortgage CUSO happened by accident.
The national mortgage delinquency rate falls 17% in one year. All 50 states experience 12-month delinquency declines as of Sept. 30.
The $29B State Employees’ Credit Union has seven times the necessary funds to cover annual loan losses.
SNL Financial says balances top $48 billion mark with used car loans accounting for half of lending activity.
Mortgage Bankers Association finds decrease is linked to improved housing market, tight credit conditions.