Lending

LAS VEGAS -- With balance sheets in good shape and key lenders having exited the market, credit unions have a unique opportunity now to take full advantage of loan opportunities, said Lee Butke, CEO of Corporate One FCU.

LAS VEGAS -- With balance sheets in good shape and key lenders having exited the market, credit unions have a unique opportunity now to take full advantage of loan opportunities, said Lee Butke, CEO of Corporate One FCU.

NEW YORK -- So far, community development credit unions have not seen widespread impacts from the economic downturn, according to the National Federation Of Community Development Credit Unions.

NEW YORK -- So far, community development credit unions have not seen widespread impacts from the economic downturn, according to the National Federation Of Community Development Credit Unions.

DENVER -- Thanks to a variety of factors, including some top lenders leaving the market, the $1.8 billion Bellco Credit Union is enjoying what it calls "an incredible spike" in mortgage applications--more than double last year--and is proceeding with funding a large percentage.

WASHINGTON -- The sagging housing market resulted in a $2.3 billion loss for mortgage buyer Fannie Mae in the second quarter, the company reported today.