News

In its 2006 Mortgage Focus report, Fannie Mae analyzed empirical data to provide insights on critical industry metrics and trends changing the way mortgage business will be done in the future. According to the study's findings, credit unions continued to shift their originations to second liens. In 2003, refinances accounted...

Gordon Chevrolet was the site of the culmination of a recent GTE Federal Credit Union promotion.

Less than two weeks after Armando Cavazos retired from Credit Union ONE, Gary Moody has been named the new president/CEO effective immediately, the credit union said Nov. 7.

SilverCloud Software, Inc. has released new vBook technology for credit unions that will ensure training materials, procedures, policies, product information, manuals, compliance information, regulations, and forms can be located and are maintained and up to date, according to the firm.

Financial institutions taking advantage of Entrust's Zero Touch FFIEC Compliance Solution were offered a limited guarantee of compliance with the Federal Financial Institutions Examination Council's online authentication guidelines.

Fair Isaac Corporation said that a recent study has found that its FICO Expansion alternative credit score tool can help lenders judge the credit worthiness of applicants who have no other credit history.