Lending

SAN DIEGO -- Credit unions offering member business loans should consider adding business deposits as they provide a lower cost of funds, Margaret Dengler Ross, NCUA member business lending program officer, recently advised.

WASHINGTON -- CUNA has advised credit unions that are FHA-approved that they are also eligible to originate mortgages under the Hope for Homeowners program.

IRVINE, Calif. -- State laws aimed at stemming foreclosures caused a 12% drop nationwide in mortgage defaults in September, according to RealtyTrac.

IRVINE, Calif. -- State laws aimed at stemming foreclosures caused a 12% drop nationwide in mortgage defaults in September, according to RealtyTrac.

WASHINGTON -- Sales of existing homes grew by 5.5% in September, but were only 1.1% higher than in September 2007, the National Association of Realtors reported today.

WASHINGTON -- Sales of existing homes grew by 5.5% in September, but were only 1.1% higher than in September 2007, the National Association of Realtors reported today.