Lending

The SBA said its two largest programs have approved $11.3 billion in loans as a result of reduced fees and higher guarantees under the American Recovery and Reinvestment Act.

LAS VEGAS - A leading loss mitigation executive told participants of the American Credit Union Mortgage Association meeting that the nation will need to correct its mortgage policy in order to stop ongoing waves of foreclosures.

LAS VEGAS -- The American Credit Union Management Association is soliciting its members about the position the association needs to take on a legislative proposal that would extend the $8,000 new home buyer tax credit.

As credit unions have increased their share of the mortgage market, they have also acquired a reputation for being relatively soft mortgage fraud targets, according to lending mortgage loan executive.

LAS VEGAS -- Bob Dorsa, CEO of the American Credit Union Mortgage Association sees the potential irony in holding a mortgage conference in Las Vegas, one of the leading foreclosure cities in the U.S.

State Employees' Credit Union has made it easier for locals to make their homes a little greener.