Lending

Even with a 45% cut in its 2012 fiscal year budget proposal, the SBA said it will still be able to support small businesses.

Fannie Mae and Freddie Mac should eventually be abolished and the government should cut back its role in the housing market while financial institutions should hold more capital.

As is the case in many other states, small businesses continue to feel the freeze in New Jersey as their lines of credit and credit card balances have been slashed despite their ability to meet their obligations.

If credit applications are an indication, the environment for car leasing may be the strongest since the recession, one firm has discovered.

Last year, 27 new credit unions joined myCUmortgage, boosting the mortgage-issuing CUSO to nearly $1 billion in volume, the CU announced.

While Georgia's credit union members are working to build a buffer of savings by cutting back on expenses and delaying large purchases, they are still unprepared to deal with any further financial setbacks.