Lending

The American Credit Union Mortgage Association has begun to lobby Congress and the Administration in support of extending the $8,000 new home buyer tax credit.

The FDIC's push to get more banks involved in payday alternatives puts the limelight once again on credit union products.

To open up more access to its programs, the SBA said today it has proposed increasing size standards for 71 types of businesses with most in the retail, hotel and food service sectors.

As the number of occupancy rates continues to decline in commercial properties, several bank regulators are working together to come up with guidelines for loan workouts.

Days after President Barack Obama announced a proposal that provides incentives to community development credit union to help small businesses, CUNA continued to call for increased member business lending authority.

At a White House briefing yesterday, NAFCU President Fred Becker thanked President Obama for acknowledging the credit union industry's role in small business lending.