News

AUSTIN, Texas - After months of research and networking, security industry veteran Kelly Dowell says the Credit Union Information Security Professionals Association (CUISPA) is getting ready to roll. Dowell has been criss-crossing the country, talking to credit unions, vendors and others to put together the organization, which will aim to...

HARAHAN, La. - Dublin is a not a city easily quantified; it is a place of energy. These are words some use to describe Ireland's capital city. Perhaps they also describe Anne Cochran, an Irish native who, in addition to fulfilling her role as president and chief executive officer of...

Now that the SBA's 7(a) program has gone zero subsidy, will the popular CU program cost more? Page 6.

Credit unions have to be wary of the growing mortgage fraud problem. Read about this and other mortgage news on pages 22-25.

FAIRFAX, Va. - The board of directors of Credit Union Mortgage Association wanted to say thank you to their shareholders for making the last couple of years successful ones for the multiple-owned CUSO. At the Oct. 20th board meeting, the CUMA Board declared a special dividend of 18-cents a share...

DAYTON, Ohio - With some mortgage industry experts estimating more than 10% of home loans have at least one element of fraud or misrepresentation and law enforcement agencies expecting that figure to increase, LexisNexis last month came out with a suite of screening solutions - RiskWiseT - the company says...

BROOKFIELD, Wis. - Fiserv Lending Solutions, a unit of Fiserv Inc., has come out with an electronic network the company says will allow lenders to use a single point of contact to streamline and improve their loan processes. The Electronic Partner Connection (EPC) provides a single point for order and...

FORT WORTH, Texas - An increasing number of credit unions are involved in mortgage lending and are offering a wider menu of mortgage problems. Unfortunately CUs continue to hold only 2% of the mortgage market share, and credit unions say part of the problem is members' lack of awareness that...