Lending

David Adams said he is proud of the Invest in America programs progress; NCUF tabbed IIA for Wegner award this week.

David Adams said he is proud of the Invest in America programs progress; NCUF tabbed IIA for Wegner award this week.

In another sign of the sluggish economy, existing home sales fell 3.5% in July from the month before, the National Association of Realtors said Thursday.

When looking at delinquencies, credit unions still have some of the lowest rates even among the worst performing business lending portfolios.

The $75 million Texas Tech FCU said it hopes to triple its mortgage production over the next several months with the help of an automated mortgage document preparation system from MRG Document Technologies in Dallas.

The New York Times pointed to the National Credit Union Foundations efforts to help borrowers with poor credit get car loans.