Credit Union Times | Accurate and Timely CU News

Foreclosures Down for Three Years Running

By David Morrison

Foreclosure rates keep dropping nationwide, but some areas still seeing losses.

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Foreclosures Down for Three Years Running

WOCCU Urges Basel AML Clarity

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October 09, 2013

NCUA Still Analyzing Mortgage Risk

Tim Segerson, deputy director in the NCUAs Office of Examination and Insurance, told executives attending the American Credit Union Mortgage Association conference in Las Vegas Sept. 25 the agency continues to explore how credit unions can mitigate real estate loan risk.

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October 09, 2013

CFPB Gives Sallie Mae a Failing Grade

The $4.2 billion Pennsylvania Employee Credit Union is getting out of the student loan business, but Harrisburg, Penn.-based credit unions decision isnt related to recent criticism directed at loan servicer Sallie Mae.

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October 09, 2013

Easy Riders: Boomers Have Highest New Car Loan Potential

When it comes to buying a new car, baby boomers may have an edge over the potential buying power of the much sought-after Generation Y.

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October 09, 2013

Digital FCU Powers $100M Solar Participation Deal

Digital Federal Credit Union has teamed up with SunPower Corp. in an agreement that could provide up to $100 million in loans for residential solar projects in the U.S.

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October 09, 2013

Not All Bells Toll for Credit Union Student Lending

Despite an industry facing trends to the contrary, Gary Perez is upbeat about the future of student loans at his credit union.

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October 09, 2013

S&P Gives Positive Rating to CMG MI Deal

One of the three biggest national ratings agencies has moved its outlook on CUNA Mutual Group's Mortgage Insurance pending sale to a subsidiary of Arch Capital from negative to positive.

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October 09, 2013