Lending

The Mortgage Bankers Association has argued before Congress that the proposed definition of qualified residential mortgages will wind up forcing more borrowers into using government-backed loans.

Consumer advocates are praising California Attorney General Kamala Harris' creation of a task force to attack mortgage fraud.

Vehicle loan borrowers who incurred losses from the defunct Centrix Financial LLC’s indirect lending program are set to receive their share of a $2.6 million settlement, a Kansas judge recently ordered.

For the past year I have noticed a continuing theme: loan volume reported by credit unions is dropping. I have read many different variations on the theme. Some experts have merely noted loan volume has been decreasing or sinking and expect it will recover. Others are seeing it reach such...

CU Solution Group’s auto lending alliance with Invest in America and General Motors has yielded 130,098 loans from nearly 300,000 members.

Kinecta FCU jumps into Orange County mortgage market with new processing center.