News

LATHAM, N.Y. - CUC Mortgage is celebrating. The subsidiary of the New York State Credit Union League reached an important water mark in June - $1 billion in its loan-servicing portfolio - and the company says that puts it in the position to withstand the cyclical ups and downs of...

WASHINGTON - Anyone who had any doubts the air might slowly be starting to go out of the mortgage balloon only had to look at mortgage rates in the beginning of the month. According to Freddie Mac's Primary Mortgage Market Survey for the week ended Aug. 8, 2003, the 30-year...

DETROIT - Long-time colleagues and friends of Pete Crear turned out at a special dinner hosted by the African-American Credit Union Coalition to watch the CUNA & Affiliates Executive Vice President and Chief Operating Officer receive the AACUC's first lifetime achievement award. The awards ceremony in Crear's honor came during...

MADISON, Wis. - It was probably just a matter of time. Economists have been predicting for months that mortgage rates would go up, and although they kept pushing the date when they expected it to happen further back, their predictions may just be coming true now, judging from rate activity...

WASHINGTON - The tally is in. One year after NAFCU President/CEO Fred Becker announced at the association's 2002 annual conference an alliance between NAFCU and Fannie Mae, approximately 10,000 mortgages have been approved for credit union members as a result of the partnership. The alliance between NAFCU and Fannie Mae...

JOHANNESBURG and EAST LONDON, South Africa - It's been a few years in the making but the credit unions here will soon have a direct link to hands-on training from mentors in the U.S. thanks to the African-American Credit Union Coalition AACUC Chairman Hubert Hoosman and Vice Chairwoman Helen Godfrey...