Lending

The numbers of properties in some part of the foreclosure process dropped by 4% nationwide in October but still remain at the level they held in October 2009, according to RealtyTrac.

Diane Whitaker, the former president/CEO of the liquidated Ensign Federal Credit Union, told Credit Union Times in 2007 that she had early concerns with North Star Business Services LLC, a business lending CUSO now facing a suit from the NCUA.

Massachusetts credit unions can now accept deposits above the $250,000 insurance limit under a new law that went into effect last week.

Neal Barofsky, the special inspector general for the troubled asset relief program, has written a highly critical evaluation of the U.S. Treasury's administration of efforts meant to help home owners remain in their homes.

I started reading the Focus Report [Oct. 13 issue] guest opinion article entitled "How to Use the Best Predictive Tools to Revive Mortgage Lending" by Joanne

The $341 million Consumers Credit Union, headquartered in Kalamazoo, Mich., has become the latest CU to start offering its members mortgages insured by the Federal Housing Administration.