ACUMA Conference Reflects Changes in Marketplace

LAS VEGAS — Allowing that most credit unions haven’t been caught up in the subprime mortgage debacle (and even offer solutions for members fleeing resetting ARMS), they certainly are affected by trends in the overall mortgage market and the greater economy, ACUMA has revamped its Fall Conference agenda, said its president Bob Dorsa.

“We don’t exist in a vacuum,” Dorsa said, “and because we’re a member-responsive organization, we’ve made a change to reflect the issues even as they are occurring.” ACUMA announced that Dr. Peter Navarro, a business professor at the University of California has been added to an already loaded agenda. He will address recent actions taken by The Federal Reserve and their possible effect on the economy and the mortgage market outlook.