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Taupa Lithuanian Credit Union Case Continues to Unfold

By Peter Strozniak

About $10 million to $16 million may have been embezzled from the Taupa Lithuanian Credit Union in Cleveland, which would make it one of the largest credit union fraud cases ever.

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December 18, 2013

Credit Unions Faced Dramatically Shifting Mortgage Market in 2013

Credit unions and other mortgage lenders faced an economic pinch in 2013 as rising interest rates began to squash demand for refinanced mortgage loans while demand for purchase money loans still struggled to grow.

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December 18, 2013