Lending

WASHINGTON CFPB director tells confab that 95% of current mortgage lending will qualify.

Agency said supported more than $29 billion in lending in fiscal year ended Sept. 30

Rental firm says its used car sales through credit unions up nearly 20% year-over-year.

Baby boomers still have money to spend and shouldnt be counted out, especially in the auto lending arena.

It happened. It took a bit longer than expected, but it happened. After 30 years of declining long-term interest rates in the United States, credit union executives may have witnessed the bounce off the bottom in the past few months.

Credit unions should train employees to look for triggers that would require disclosures and terms mandated by the Home Ownership and Equity Protection Act, said presenters Oct. 16 during a CUNA Mutual webinar.