Lending

Last year's American Credit Union Mortgage Association credit union booth at the National Association of Realtors convention will be jazzed up for the 2007 convention with the Cha-Ching! sound of free slot machines that won't pay in coins but in electronics and other prizes for real estate agents learning about...

Melrose Credit Union Director of Marketing Robert Nemeroff testified on behalf of the state league before the state Senate Democratic Conference hearing on subprime lending practices in New York.

Desert Schools Federal Credit Union is helping local neighbors avoid the pitfalls of Adjustable Rate Mortgages by hosting a community meeting.

The American Credit Union Mortgage Association will be presenting a credit union-related breakout session to some 30,000-expected attendees to the Annual Convention of the National Association of Realtors taking place here Nov. 13-16.

While the eventual legal outcome of lawsuits filed against credit unions by Lyndon Insurance, including The CU of Texas, may drag on, Credit Union Times has learned that Lyndon assured the NCUA back in late August 2005 that it was not aware of loan alterations changing coverage of Centrix loans.

Continuing his mission of promoting the benefits of member business lending, NCUA Vice Chairman Rodney Hood recently met with Karl Yoneshige, the president/CEO of HawaiiUSA Federal Credit Union, which is in the midst of helping small businesses grow in Hawaii.