Lending

SOUTH JORDAN, Utah -- The chorus of experts urging credit unions to use this time to pursue small business owners continues to get louder.

DENVER -- Easing loan terms and waiving payments, credit unions appear to be moving swiftly to help ease the nation's financial pain and from a volunteer and management view "that is heartening," maintains the newly elected head of the National Association of Credit Union Chairmen.

BIRMINGHAM, Ala. -- New opportunities for growth in a changing financial marketplace can be had for credit unions and CUSOs that are not afraid to seize the moment.

SAN DIEGO -- Credit unions offering member business loans should consider adding business deposits as they provide a lower cost of funds, Margaret Dengler Ross, NCUA member business lending program officer, recently advised.

WASHINGTON -- CUNA has advised credit unions that are FHA-approved that they are also eligible to originate mortgages under the Hope for Homeowners program.

IRVINE, Calif. -- State laws aimed at stemming foreclosures caused a 12% drop nationwide in mortgage defaults in September, according to RealtyTrac.