Credit Union Times | Accurate and Timely CU News

Mica Testifying on Small Business Lending

By Claude R. Marx

CUNA President/CEO Dan Mica is scheduled to discuss ways Congress can improve lending opportunities for small business and make a pitch for raising the cap on member business loans during testimony before the House Financial Services Committee tomorrow.

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May 16, 2010

Home Builders Offer Optimistic Take for Mortgage Market

The National Association of Home Builders' monthly Housing Market Index increased this month signaling that home builders are starting to have more confidence is a strengthening housing market.

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May 16, 2010

SBA Extends Oil Spill Loans to More States

In addition to Louisiana, the SBA said it is making economic injury loans available to small businesses near the Gulf of Mexico in Alabama, Mississippi and Florida impacted by the Deepwater BP oil spill.

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May 12, 2010

New Mexico Congressman Backs MBL Cap Increase

U.S. Rep. Martin Heinrich (D-N.M.), a co-sponsor of H.R. 3880 legislation to raise the member business lending cap, recently reiterated his support for the increase to the Credit Union Association of New Mexico.

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May 12, 2010

Foreclosure Numbers Show Some Improvement

The rates of foreclosures in the country dropped in April for the first time since before the current economic downturn began, according to Realty Trac, a firm that bills itself as the "leading online marketplace of foreclosure properties."

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May 11, 2010

More Funds For SBA Loans

The SBA has received an additional $80 million to support its 7(a) and 504 loan programs to keep capital flowing to small businesses.

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May 11, 2010

Texas League MBL Blitz

The Texas Credit Union League has managed to get the 140,000-member Texas Association of Business to join CUNA's legislative drive on member business loans.

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May 11, 2010

Michigan CU Offers Online Vehicle Help

Michigan State University Federal Credit Union has teamed up with CarQuotes Corporation to offer its members a vehicle research website, free pricing reports and buying advice

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Lending

Top Lending Stories

Mica Testifying on Small Business Lending

On-Site Coverage: Leveraged Borrowing Could Pay for NCUA Assessments

Quicken Loans Offers Solutions in CU Space

Recommended Just For You

Lending Stories

Home Builders Offer Optimistic Take for Mortgage Market

SBA Extends Oil Spill Loans to More States

New Mexico Congressman Backs MBL Cap Increase

Foreclosure Numbers Show Some Improvement

More Funds For SBA Loans

Texas League MBL Blitz

Michigan CU Offers Online Vehicle Help