Lending

Experian/Oliver Wyman report finds "strategic default" still option for many holders of underwater mortgages.

NAFCU and CUNA are urging lawmakers to ensure that there is some federal guarantee in the secondary mortgage market but differ on how to achieve it.

Patriot Express loans totaling more than $633 million have gone to more than 7,650 veterans starting or expanding small businesses since 2007.

I read Marv Ulmholtz newsletter regularly and the June 22 edition did not disappoint. I split about 50/50 as far as agreeing or disagreeing with his views, but I enjoy his writing style, including referring to himself as this correspondent.

The popularity of Sallie Mae’s Smart Option Student Loan referral program has increased significantly among credit unions since its inception. About 500 credit unions are now participating in the program, which allows them to refer members to student loans that are underwritten, funded and serviced by Sallie Mae and earn...

League president says four Missouri CUs are at or near their cap, says raising cap to 27.5% would generate 1,676 jobs in his state.