Lending

In a deal to make student lending more readily available to credit unions, private student loan platform provider,

There's just no comparison between a foreclosure or walk-away from a $5.4 billion Manhattan 56-building complex and a defaulted loan on a small retail space in a strip mall.

Credit unions that manually manage deferred payment plans can now automate the process, according to CUBUS Solutions.

The U.S. Treasury Department is not the only organization providing a conference call for community development credit unions to get more information about how they can apply for low interest Federal loans under the Troubled Asset Relief Program.

Through its foundation, North Carolina's State Employees' Credit Union will provide a 0% $500,000 construction loan for a maternity home that serves homeless and runaway youth.

The SBA told credit unions and other lenders today that it will reactivate the Recovery loan queue by Feb. 22 to ensure that the $125 million appropriated to the agency in December will go out the door much faster to small businesses.