FICO says it has found method for spotting homeowners more likely to default despite their good credit scores.

The $722 million Altura Credit Union, headquartered in Riverside, Calif., will close four branches and lay off 11% of its workforce.

The co-author of Freakonomics says credit unions would benefit by looking at data, especially involving incentives, in new ways.

Home sales are rising but they would even more if qualified consumers weren't being shut out of the market, trade group says.

The Mortgage Bankers Association has significant doubts about the regulations meant to provide mortgage issuers rules for making safer loans.

The Commerce Department says housing starts nationally were up in March and called it a sign of widespread economic growth.

Conserved CU booked no loans in 2010, made $1.8 million in fee income and has been linked to an online gambling prosecution.

The NCUA on Friday conserved its second federal credit union so far this year.