Lending

As part of its effort to facilitate understanding and use of FICO credit scores, the Fair Isaac Corporation and AllRegs, a leading publisher of mortgage guides, have launched a FICO certification program.

Open Lending Inc. has inked a deal with AmTrust Financial Services Inc. to become the insurance provider for a program that provides default insurance coverage for credit union auto loans.

President Obama has signed legislation that would extend the SBA's ability to provide higher guarantee levels through March 28 and fee waivers for 7(a) loans until Sept. 30.

WASHINGTON -- Two powerful members of the House Financial Services Committee gave credit unions reasons to hope that Congress might eliminate or at least lift the cap on credit union making business loans to their members.

CUNA wants consumer advisory language strengthened in the proposed guidance regarding reverse mortgages while NAFCU would like to see additional guidance on what information must be included in advertisements.

Private student lending CUSO CU Student Choice has partnered with college planning and funding software provider Collegiate Funding Solutions to launch a collaborative promotional effort.