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Prime Lenders See Mortgage Fraud Problem Growing

By Eileen Courter

RESTON, Va. - The latest report from the Mortgage Industry Research Institute shows half of all mortgage lenders believe fraud is rising moderately or significantly. As if seeing more incidents of mortgage fraud wasn't bad enough, lenders say they're also experiencing higher costs each time fraud hits. The report, which...

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British MP Sees Credit Unions as a Solution to Indebted Poor

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Special Report: Data Processing & Technology Stats

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January 21, 2003

Out of the Ashes

The failure of Eastern Airlines didn't sink its primary CU, which is now in the billionaires club. The CU's CEO Kent Herbert is now leading Eastern Financial Florida CU into a new era. Page 30.

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January 21, 2003

Special Report: Data Processing & Technology

Is account aggregation dead? Are credit unions as secure as they can be? This and other tech issues are tackled in the special report on pages 18-28.

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January 21, 2003

Suncoast Schools' Profitable Members Depend on OFX; Server Conversion Goes Quickly

TAMPA, Fla. - Suncoast Schools FCU has found that its members who take advantage of its OFX functionalities are on average cream of the crop members who view the CU as their primary financial institution. So once Suncoast Schools converted from Corillian's home banking system that included an OFX server,...

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January 21, 2003

USERS Forms a "Special" Relationship with One of its Oldest Clients

VALLEY FORGE, Pa. - Credit union data processor USERS is so confident these days that it's even making one of its own clients an Authorized Business Partner. USERS recently announced that FORUM Solutions, a tech CUSO of the $640 million FORUM CU, Indianapolis, will become a USERS' ABR. "It's the...

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January 21, 2003

With Interest in Account Aggregation Waning, MEMBERS Development Drops Prices

NAPLES, Fla. - Bad timing and the events of Sept. 11 are hurting adoption of account aggregation, said John Henry, president/CEO of MEMBERS Development Company, so MDC is revamping its pricing structure to try to break down some barriers. MDC, in partnership with aggregation giant Yodlee, rolled out its product...

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January 21, 2003

EDS' Popular Loan Advantage Solution is One Step Closer to Paperless

PLANO, Texas - EDS has cut some more paper out of the lending process, not to mention the overnight delivery or faxing costs. The company has added a new secure document viewer to its Web-based loan origination software, Loan Advantage, taking its CU clients one step closer to a paperless...

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January 21, 2003

Gartner Cites Eight Career Resolutions for IT Professionals

STAMFORD, Conn. - It's not too late for a few last resolutions as the new year really gets cranking, Here are a few from the analysts at Gartner Inc. for helping IT professionals keep their careers on track while minding the bits and bytes at their credit unions. The main...

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Top News Stories

Prime Lenders See Mortgage Fraud Problem Growing

British MP Sees Credit Unions as a Solution to Indebted Poor

Special Report: Data Processing & Technology Stats

Recommended Just For You

News Stories

Out of the Ashes

Special Report: Data Processing & Technology

Suncoast Schools' Profitable Members Depend on OFX; Server Conversion Goes Quickly

USERS Forms a "Special" Relationship with One of its Oldest Clients

With Interest in Account Aggregation Waning, MEMBERS Development Drops Prices

EDS' Popular Loan Advantage Solution is One Step Closer to Paperless

Gartner Cites Eight Career Resolutions for IT Professionals