Credit Union Times | Accurate and Timely CU News

Illinois Attorney General Investigates Countrywide

By Staff Writer

CHICAGO -- Illinois Attorney General Lisa Madigan has expanded the state's investigation of mortgage lending practices, issuing subpoenas for documents from Countrywide, the nation's largest home lender.

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Study From Federal Reserve Researchers Suggests Payday Bans Hurt Consumers

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Kanjorski Asks Lenders to Couple Financial Literacy With Mortgage Restructuring

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Lending Stories

December 10, 2007

Zopa Says CU Interest Still High

SAN FRANCISCO -- Zopa Ltd., the British-based online "social lending" firm, said Monday it is still soliciting U.S. credit unions and eyeing new markets in a follow-up to an initial six CUs which last week announced the start of "peer-to-peer" hookups matching borrowers and investors.

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December 06, 2007

Hyland Lays Out NCUA Position On Mortgage Legislation

ALEXANDRIA, Va. -- NCUA Board Member Gigi Hyland told a hearing of the House Financial Services Committee today that whatever federal reform measures are enacted in the current crisis must be even-handed between federally chartered and non-federally chartered mortgage originators.

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December 04, 2007

Pennsylvania League Plans Business Lending Academy

The Pennsylvania Credit Union Association is calling on credit unions that have business lending programs for their input on its new Business Lending Academy.

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December 04, 2007

Pennsylvania League Plans Business Lending Academy

The Pennsylvania Credit Union Association is calling on credit unions that have business lending programs for their input on its new Business Lending Academy.

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December 03, 2007

With Six CU Partners, Zopa Debuts Social Network

Nearly three years in the making, half a dozen U.S. credit unions teamed up Monday with a British firm, Zopa Ltd, to sign up members for a specialized person-to-person "social lending" network.

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November 20, 2007

Pennsylvania Treasurer Now Big Booster of CU Payday Product

Using TV talk shows and appearances before national public finance groups, Pennsylvania Treasurer Robin L. Wiessmann has now became a vocal advocate payday loan alternative products.

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November 16, 2007

SBA Asks Lenders for Leniency to California Businesses

The Small Business Administration is strongly encouraging credit unions and other lenders that participate in its small business loan programs to provide deferment relief for borrowers in California's disaster-declared areas.

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Lending

Top Lending Stories

Illinois Attorney General Investigates Countrywide

Study From Federal Reserve Researchers Suggests Payday Bans Hurt Consumers

Kanjorski Asks Lenders to Couple Financial Literacy With Mortgage Restructuring

Recommended Just For You

Lending Stories

Zopa Says CU Interest Still High

Hyland Lays Out NCUA Position On Mortgage Legislation

Pennsylvania League Plans Business Lending Academy

Pennsylvania League Plans Business Lending Academy

With Six CU Partners, Zopa Debuts Social Network

Pennsylvania Treasurer Now Big Booster of CU Payday Product

SBA Asks Lenders for Leniency to California Businesses