Lending

Biz2Credit analysis based on 1,000 funding requests from credit unions, small banks and other alternative lenders.

Biz2Credit analysis based on 1,000 funding requests from credit unions, small banks and other alternative lenders.

WASHINGTON Industry lobbyists brought in business owners to tell their stories on Wednesday.

Among the 20-plus organizations served by Choices Federal Credit Union is a group of small business development centers.

The 177,000-member, $1.4 billion GTE Federal Credit Union faces a $51,000 fee from Fannie Mae because it only used foreclosure attorneys the government-backed mortgage giant approved and ordered it to use.

Fannie Mae imposes $51,000 fee for delays CU says it caused. Find out more in this article from the Feb. 8 print edition of Credit Union Times.