Lending

The commercial lending landscape was predicted to be next the real estate bubble to burst this year. That forecast certainly came to fruition as financial institutions continue to grapple with losses with just two months left in 2010.

The ongoing tangle that has become the foreclosure process in many parts of the country moved in two directions last week, each of which could impact credit unions.

The National Institutes of Health Federal Credit Union has expanded its business services program with an eye on courting its growing health care and biomedical membership.

The $1.6 billion Texans Credit Union said it plans to fight against a suit that claims the cooperative's commercial real estate CUSO did not follow through on providing loans for a failed Mississippi project.

Iowa credit unions cautiously congratulated themselves Thursday for handling the corporate dilemma by linking up with the National Cooperative Bank.

Foreclosures in the U.S. are now spreading well beyond the cities and regions where they first began their rapid growth, according to RealtyTrac, a real estate firm that specializes in foreclosure sales.