News

Over the past five years in Charlotte, N.C., the Spanish-speaking immigration population exploded! Unfortunately, so did the crimes against this new community. These immigrants, being a largely cash-and-carry society, were being robbed at gunpoint, having their homes broken into, and in some of the most horrific reports, being murdered for...

The current mortgage and credit environment has benefited CUs and also created challenges. Learn about some of them in a special report on pages 18-20.

The Pennsylvania League has taken major steps it says will make it more responsive and efficient. Read what they did on page 4.

MADISON, Wis. - Record low mortgage rates have buttressed continuing high demand for first mortgages and refinancings from members. They've also boosted the appreciation rate on property values. All this has been good news for credit unions' mortgage portfolios and for consumers looking to sell or refinance their homes, but...

TRENTON, N.J. - The "New Jersey Home Equity Protection Act" that concerns "the regulation of certain financial practices and prohibiting certain abusive and predatory lending practices" was introduced by state Sen. Gerald Cardinale (R-39) Nov. 14 and was referred to the state Senate Commerce Committee. Provisions of the bill, states...

NAPLES, Fla. - With mortgage rates hitting 36-year lows and continuing to fall, interest rate risk management has taken on new challenges for credit unions. What mortgage loans should CUs hold in their portfolio? Which ones should they sell on the secondary market? Are there other options? Robert Petersen, senior...