Lending

Two more credit unions have signed up as users of the XetusOne loan origination platform from Xetus Mortgage Corp. of Palo Alto, Calif.

More than $25 million in alleged fraudulent loans authorized by William Liddle, the former vice president of business services at AEA Federal Credit Union, are now in default

A new partnership between CUNA Mutual Group and WNC Insurance Services Inc. aims to deliver insurance solutions to help credit unions cover real estate lending risks.

A new white paper from the CUNA CFO Council looks at the risks credit unions need to be aware of with third party relationships.

As the newly tapped president of CUMAnet, Joseph Herbst said one of his goals will be to increase the mortgage CUSO's national footprint and maximize operational efficiencies for future growth.

RealtyTrac, a leading online real estate firm specializing in foreclosed properties, reported that homes in some stage of foreclosure made up 25% of real estate purchases in the third quarter of 2010.