Lending

The latest forecast from the Mortgage Bankers Association suggests that mortgage refinancings will end 2009 strong but decline to below 2008 levels in 2010.

The financial struggle plaguing the $157 million Cumorah Credit Union in Las Vegas can be traced to one big factor: Nevada's commercial real estate bust.

With much of the rest of the mortgage industry in disarray, the Federal Housing Administration has found itself occupying an expanded market niche.

Credit unions will be able to help credit-deprived businesses if the cap on member business lending is lifted and if certain SBA lending programs were modified.

An entertainment center may face liquidation over bankruptcy protection weeks after Members 1st Federal Credit Union, the mortgage holder, stepped in to pay off back taxes to keep the megaplex operating.

Old Hickory Credit Union, based in Old Hickory, Tenn., has filed a claim against the estate of former Tennessee Titan football player, Steve McNair, who was killed in a murder-suicide earlier this year.