News

The African-American Credit Union Coalition is growing. Get the latest on the AACUC with our on-the-scene coverage of its annual meeting on pages 26-29.

After months of steadily dropping and reaching record lows, mortgage rates have taken an about face. Read about the implications of the changing mortgage market on CUs and related news on pages 18-21.

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...