Two executives who shared CU Times’ Trailblazer Award for Lending in 2011 move on to work together at another credit union.
Symbionce Financial Solutions had 478% growth between 2010 and 2013.
Borrowers under the age of 30 have the lowest mortgage delinquency rate of all borrowers.
The FHFA reports a slight uptick in refinanced mortgages as a result of lower interest rates.
Agency alleged First Investors Financial Group sent false consumer information to credit reporting agencies.
At $25 billion, credit unions ahead of finance companies in year-over-year quarterly loan volume.
SNL Financial says reserves were $26.90 billion in the second quarter.
Credit unions that compare how many auto loans come from indirect channels to how many originate organically may be in for a shock.
Peer-to-peer lending is growing at an average pace of 84% a quarter.
A stable real estate market and payments during draw help the $4.8B ESLFCU manage a 45% concentration in HELOCs.