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Mortgages to Low, Moderate Income Borrowers Drop
By David MorrisonThe FFIEC reports loans declined from 31% in 2012 to 26% in 2013 while refinances increased.
CU Times compiles our exclusive data sets in combination with information received from NCUA and other federal agencies to give a clear view of lending trends involving credit unions (i.e. mortgage, auto loans, HELOCs, student loans).
The FFIEC reports loans declined from 31% in 2012 to 26% in 2013 while refinances increased.