Lending

BRONX, NY -- Despite the current recession-or perhaps because of it-the $15 million Bethex Federal Credit Union has taken a strong position on small business and micro-lending and has recently announced a change to its lending practices.

WASHINGTON -- Credit unions must not dilly-dally in applying for funds under NCUA's Credit Union Homeowners Affordability Relief Program. The initiative could help 10,000 credit union members get the terms of their mortgages rewritten.

I am always amazed by the political leadership and media pundits that proliferate doom and gloom during economic contractions. Let's face facts

LANSING, Mich. -- In a show of both moral and financial support for beleaguered automakers, the Michigan Credit Union League teamed up with CUNA, other Midwest leagues and General Motors Corp.

LAKELAND, Fla. -- Even though MIDFLORIDA Federal Credit Union had been offering mortgages for at least a decade,

WASHINGTON-- Responding to the continuing woes of the world's financial markets and the decline in prices, the Federal Reserve today cut a key interest rate to an all-time low.

SEATTLE - Real estate data tracking firm Zillow.com is the latest to put a dollar value on U.S. mortgage losses, reporting today that homes have lost an estimated $2 trillion in value this year.

WASHINGTON -- The Small Business Administration issued an interim final rule today for new lender oversight regulations in its guaranteed loan programs with the aim of greater enforcement authority and increase transparency on how risk is evaluated.