Lending

High vacancy rates and low property values in the commercial real estate sector continues to hamper overall growth in the economy, one top banking official testified today.

Total vehicle sales started 2011 off the same way 2010 ended: in a slow but steady upward trend, according to NAFCU.

With the addition of four new partners, business lending CUSO Northeast CUSO said it boosted its revenue by 19% and doubled its net earnings last year.

Members of Chantilly, Va.-based Justice Federal Credit Union recently raised $17,962.50 for the National Center for Missing and Exploited Children through the credit union's Skip-a-Pay loan program.

The Federal Reserve yesterday decided to let the new consumer financial agency issue final rules on three aspects of mortgage disclosure law under the Truth in Lending Act.

An NCLC report describes how many for-profit schools began making costly private student loans after third-party lenders terminated their partnerships with the schools following the credit crash.