Lending

Mortgagebot LLC, a leading online mortgage shopping service, says a recent consumer survey has confirmed that its Mortgage Marvel service is a favorite among mortgage shoppers.

CUC Mortgage Corporation, the mortgage group affiliated with the Credit Union Association of New York, announced that five more CUs signed up in the third quarter.

SAN ANTONIO -- Despite setbacks in the quest to get an increase in the cap on member business loans, CUNA President/CEO Bill Cheney said prospects are "not dead yet."

NAFCU has written a letter to the NCUA asking the agency to ease some of its regulations surrounding the registration of mortgage originators.

More proof has rolled in that foreclosed property sales are making up a steadily growing percentage of the U.S. real estate market.

Poor decisions by management caused the failure of Ensign FCU and Clearstar Financial CU, which cost the NCUSIF $42 million, according to reports by the NCUA's Office of Inspector General.