Lending

FAIRBORH, Ohio -- myCUmortgage, a division of Wright-Patt Financial Group, was named 2007 CUSO of the year by Prime Alliance. The CUSO was cited for its home loan volume and client relations.

GLENDALE, Calif. -- Credit union attorney Joe Melchione and American Credit Union Mortgage Association President Bob Dorsa both said credit unions that did business with Countrywide Financial Corporation shouldn't worry about recent lawsuits filed by the states of California and Illinois against the nation's largest mortgage lender.

WASHINGTON -- In just under a year's time, the Small Business Administration's Patriot Express pilot loan initiative has approved more than $150 million in loan guarantees to nearly 1,500 veterans and their spouses, the agency said.

DALLAS -- A plenary session on Latinos and the democratization of financial services at the 34th Annual Serving the Underserved and 5th Latino Credit Union Conference provided attendees with insight on Latin American economics as a way to better serve its Latino members in the United States.

DALLAS -- The 34th Annual Conference on Serving the Underserved and 5th Latino Credit Union Conference started yesterday with a welcoming ceremony featuring the U.S. Treasurer, who addressed attendees with the message that the housing crisis goes beyond those losing their homes to foreclosure.

ALLAS -- The leadership forum panel at the 34th annual Serving the Underserved 5th Latino Credit Union spoke to attendees about how credit unions can best serve low-income members.