Lending

ALEXANDRIA, Va. -- Well-capitalized CAMEL 1 and 2 federal credit unions will have stricter rules on fixed assets, stress testing and member business loans, as a result of the NCUA Board's decision today to change regulatory flexibility in several areas.

Environmental professionals who specialize in helping consumers improve their homes' energy efficiency say credit unions have an opportunity to step into a growing market in green finance.

The $21 billion State Employees' Credit Union credits its Mortgage Assistance Program for helping it keep the increase in foreclosures to just six basis points over the last five years.

More proof has rolled in that foreclosed property sales are making up a steadily growing percentage of the U.S. real estate market.

The Justice Department said Tuesday it won't appeal a federal court's decision that Bellco Credit Union doesn't have to pay unrelated business income tax on income from credit insurance or royalties from accidental death and dismemberment insurance.

The short- and medium-term outlook for the U.S. real estate and mortgage markets would probably confound Nostradamus. Have home prices bottomed out?