Credit Union Times | Accurate and Timely CU News

McGrath Pleads Guilty in CU National Mortgage Fraud

By Heather Anderson

Michael J. McGrath, Jr., former president of U.S. Mortgage and CU National Mortgage, pleaded guilty yesterday to mail and wire fraud and money laundering charges in connection with a $139 million mortgage fraud scheme.

Read Story

News

Texas CUs Can Pick Favorite Payday Model

News

CUs Need to Handle Mortgage Questions Cautiously

Recommended Just For You

Lending Stories

June 09, 2009

Loan Protection Product Study in the Works

A study of the credit union industry's use of loan protection products, such as credit insurance, mechanical breakdown insurance and guaranteed auto protection, is in the planning stages.

Read

June 09, 2009

Eastern Financial Florida CU Among Many Suing Condo Developer

Considered to be one of its largest real estate losses, Eastern Financial Florida Credit Union is seeking a $37.25 million deficiency judgment against a Miami developer on a foreclosed condominium.

Read

June 08, 2009

Freedom FCU Earmarks $50 Million in SBA Funds

The Bel Air, Md.-based Freedom Federal Credit Union said it has earmarked $50 million in SBA lending to help local small business owners gain access to much-needed capital.

Read

June 07, 2009

New Fair Mortgage Collaborative Includes CUs

A new group devoted to fair mortgage lending practices is launching an initiative that includes some major credit union players.

Read

June 07, 2009

SBA Lenders Brace for Rush of Recovery Loan Requests

The Small Business Administration is expecting such a large amount of requests for its new deferred-payment, no fee-loan program that is has capped the number of loans lenders can approve per week.

Read

June 04, 2009

CUNA to Testify on Expanding Small Biz Capital Access

Black Hills Federal Credit Union President/CEO Roger Heacock will testify on CUNA's behalf on the SBA's role in providing access to capital for small businesses.

Read

June 04, 2009

Merrimack Valley FCU SBA Seminar Attracts Diverse Group

The $409 million Merrimack Valley Federal Credit Union recently teamed up with the Small Business Administration and others to encourage business start-ups and expansions.

Read

‹ ‹ PREV 681 682 683 ... 761 › NEXT ›

Lending

Top Lending Stories

McGrath Pleads Guilty in CU National Mortgage Fraud

Texas CUs Can Pick Favorite Payday Model

CUs Need to Handle Mortgage Questions Cautiously

Recommended Just For You

Lending Stories

Loan Protection Product Study in the Works

Eastern Financial Florida CU Among Many Suing Condo Developer

Freedom FCU Earmarks $50 Million in SBA Funds

New Fair Mortgage Collaborative Includes CUs

SBA Lenders Brace for Rush of Recovery Loan Requests

CUNA to Testify on Expanding Small Biz Capital Access

Merrimack Valley FCU SBA Seminar Attracts Diverse Group