Credit Union Times | Accurate and Timely CU News

MBL Cap Fight Will Continue CU Leaders Vow

By Michelle A. Samaad

To say the battle to increase the member business lending cap has been an arduous one for the credit union industry would be an understatement.

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Pa. Provides MBL Bright Spot Thanks to Conservative Borrowers, Stable Economy

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Gen Y Surprises, Insights Provided by New Studies

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June 20, 2011

MBL Hearing: Senators Remain Skeptical

WASHINGTON — NCUA Chairman Debbie Matz told a panel of skeptical senators that raising the cap on member business loans would actually improve credit unions’ risk environment while creating more jobs.

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June 20, 2011

Kinecta to Provide Fannie Mae REO Mortgages

The 227,000-member Kinecta Federal Credit Union has become one of the financial institutions that Fannie Mae has authorized to provide mortgages to the purchasers of Fannie’s HomePath properties.

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June 20, 2011

Onsite Coverage: CUNA Mutual Unveils Mobile loanliner.doc

Web-based solution eschews dowloadable apps.

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June 20, 2011

Online Only: Onsite Coverage: Get Your Credit Union Lending Again

Consultant/magician tells MDDCCUA audience that revving up lending doesn't require sleight of hand.

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June 17, 2011

Wells Fargo Getting Out of Reverse Mortgage Business

Citing changed economic times, Wells Fargo has announced that it will stop originating reverse mortgages, a product that some credit unions originate.

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June 16, 2011