Lending

NAFCU has written a letter to the NCUA asking the agency to ease some of its regulations surrounding the registration of mortgage originators.

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

Poor decisions by management caused the failure of Ensign FCU and Clearstar Financial CU, which cost the NCUSIF $42 million, according to reports by the NCUA's Office of Inspector General.

Members continue to turn to credit unions for mortgage and refinance opportunities as evident at myCUmortgage.

Credit Union Student Choice has added three more credit unions to its client base, all in the billion dollar asset range.

Citing changes in some long established economic patterns and the strengths of credit union cooperation, TMG Financial Services launched a finance CUSO that will help other CUSOs fund their operations, particularly their lending.