Lending

The White House and Congress are starting to recognize the impact community development financial institutions are having in providing affordable housing expansion, small business support and financial services to urban and rural areas.

If the member business lending 12.25% asset cap go to 27.5% or higher, NCUA Chairman Debbie Matz reiterated how the agency would be ready to revise the member business lending regulation.

In the movies and on TV they're easily recognizable by the plaid coat, slicked back hair and too-good-to-be-true sales pitch.

While business loan demand gained strength in some cities, commercial lending remained weak in most districts, according to the June 9 Federal Reserve Board's Beige Book.

Under the SBA's Open Government Plan, the agency said one of its goals is to increase 7(a) active lending program participants to 3,000 by September 2011.

Some credit unions are still making small value, short term loans that they say are not payday loans, but really they still are, according to a report developed by the National Consumer Law Center.