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NCUF, Annie E. Casey Foundation and Aspen Institute Launch Subprime Auto Effort

By Staff Writer

WASHINGTON -- A grant from the National Credit Union Foundation, the Annie E. Casey Foundation and the Aspen Institute has provided the means to collect research on CUs that have sustainable subprime auto lending programs so that successful strategies can be replicated by other CUs.

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Bank of America Negotiating for Countrywide

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Bank of America Negotiating for Countrywide

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January 10, 2008

AACUC Poll: Subprime Mortgages Causing Most Loan Delinquencies

SHREVEPORT, La. -- A snapshot poll comprised by the African-American Credit Union Coalition currently shows that subprime mortgage loans are causing most of the delinquencies in loan portfolios.

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January 09, 2008

Subprime Crisis Causes Jump in Securities Fraud Lawsuits

BOSTON and PALO ALTO, Calif. -- The subprime mortgage crisis has caused the number of companies sued in securities fraud class action suits to rise 43% between 2006 and 2007, according to a report from Cornerstone Research and Stanford University.

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January 09, 2008

Citigroup Reorganizes Mortgage Operations

NEW YORK, N.Y. -- Citigroup announced that it was revamping its residential mortgage operations by bringing all its previously separate units, underwriting, back-office functions and collections under one roof.

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January 08, 2008

Williams Clarifies Yesterday's Wescom Report

PASADENA, Calif. -- Wescom spoke with the Credit Union Times today to clarify reports the $2.8 billion credit union is out of the wholesale lending business, and has laid off 100-plus employees.

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January 08, 2008

Williams Clarifies Yesterday's Wescom Report

PASADENA, Calif. -- Wescom spoke with the Credit Union Times today to clarify reports the $2.8 billion credit union is out of the wholesale lending business, and has laid off 100-plus employees.

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January 08, 2008

Sterlent CU's Loan Portfolio Puts It on Edge of PCA

PLEASANTON, Calif.--It appears that another California credit union is feeling the bite of the real estate downturn.

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January 08, 2008

Wells Fargo Sued for Race Discrimination by Baltimore

BALTIMORE-- Baltimore Mayor Sheila Dixon and the City Council here filed a federal lawsuit against Wells Fargo Bank claiming it discriminated against black mortgage borrowers, charging an interest rate three points above the federal guideline.

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Top Lending Stories

NCUF, Annie E. Casey Foundation and Aspen Institute Launch Subprime Auto Effort

Bank of America Negotiating for Countrywide

Bank of America Negotiating for Countrywide

Recommended Just For You

Lending Stories

AACUC Poll: Subprime Mortgages Causing Most Loan Delinquencies

Subprime Crisis Causes Jump in Securities Fraud Lawsuits

Citigroup Reorganizes Mortgage Operations

Williams Clarifies Yesterday's Wescom Report

Williams Clarifies Yesterday's Wescom Report

Sterlent CU's Loan Portfolio Puts It on Edge of PCA

Wells Fargo Sued for Race Discrimination by Baltimore