Lending

Relief in Sight for Homebuyers in High-Priced West Coast Cities

Noah Buhayar | July 20, 2018

Lending challenges continue, especially on the coasts.

Credit Union Lending Allies Bring Balance

Jim DuPlessis | July 20, 2018

Correspondent lenders stepping in to help credit unions compete with the larger banks.

Parents Owe More in Student Loans Than Their Kids

Bernice Napach | July 19, 2018

A new report from Savingforcollege.com shows that as students max out on their college loans, their parents are picking up the slack.

U.S. Housing Starts Plunge by Most Since 2016 to Nine-Month Low

Katia Dmitrieva | July 18, 2018

The report may spark concern that the housing market is slowing even more than previously thought.

CU Direct Alliance Means Business

Jim DuPlessis | July 12, 2018

MBL LLC to help extend the CUSO further into commercial lending.

Homeowners Have More Equity Than Ever But Don’t Want to Tap It

Claire Boston | July 12, 2018

Homeowners understand that the equity in their house may vanish quickly.

Good News & Bad News on Retirement Saving

Barry Ritholtz | July 12, 2018

Americans are socking away more. It's still not enough.

Taxi Medallion Losses Take Out-Sized Bite

Jim DuPlessis | July 10, 2018

Ten credit unions with underperforming loans lose $124 million.

Fed Plans to Keep Hiking Gradually as Risks From Trade War Mount

Craig Torres | July 06, 2018

“You get a sense, though, that they are preparing for surprises.”

U.S. Car Sales Are Expected to Fall to Recession Levels

Sarah Gardner | July 05, 2018

Latest data shows that SUV sales are doing well, while other automobile sales are plunging.

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U.S. Consumer Comfort Nears 17-Year High

Scott Lanman | July 05, 2018

Americans’ views of the economy continue to be positive.

U.S. Homeownership Expected to Rise for the Young

Alex Tanzi | July 03, 2018

The home ownership rate of young adults will probably rise to 58.1% in 2025.

How Student Debt Impacts Retirement Savings

Marlene Satter | June 29, 2018

A Center for Retirement Research brief finds that there is a difference in savings rates among grads with debt and without.

Credit Unions Up Their Mortgage Game

Jim DuPlessis | June 29, 2018

With the refinance wave gone, credit unions hone their mortgage lending operations.

U.S. Pending Home Sales Unexpectedly Decline for a Second Month

Reade Pickert | June 27, 2018

Interested home buyers continue to face strong headwinds from the limited number of affordable housing options.

Loan Growth Revs Up – Yet Again

Jim DuPlessis | June 26, 2018

Mortgage and business lending allows March-to-April gains to outpace 2017.

Home Prices in 20 U.S. Cities Grow at More Sustainable Pace

Shobhana Chandra | June 26, 2018

Property-price appreciation that’s outpacing wage growth is a headwind for younger or first-time buyers.

U.S. New-Home Sales Climb to Six-Month High on Surge in South

Katia Dmitrieva | June 25, 2018

At the same time, prospects for first-time buyers and those with modest incomes have deteriorated.

CUDL Rides Further Into the West

Jim DuPlessis | June 25, 2018

Pact allows CU Direct Connect to use indirect loan platform in Colorado and eight other states.

Fannie-Freddie Rise as White House Proposes Privatization

Gregory Mott | June 22, 2018

The changes would give Fannie, Freddie and their competitors access to an explicit guarantee on mortgage-backed securities.

Regulator Asks Private Student Loan Insurer to Be Declared Insolvent

Jim DuPlessis | June 21, 2018

ReliaMax of South Dakota serves about 475 U.S. lenders, including credit unions.

Americans Devote Biggest Share of Income to Mortgages Since 2009

Prashant Gopal | June 21, 2018

The cost of covering mortgage payments rises to 17.1% of the median income in the first quarter, up from 15.9%.

Most Americans Clueless on How Much to Save for Retirement

Marlene Satter | June 20, 2018

A new study from Bankrate.com finds that 19 million Americans say they plan to never retire.

U.S. Existing-Home Sales Unexpectedly Fall on Inventory Woes

Katia Dmitrieva | June 20, 2018

“The housing affordability issue is becoming a crisis."

U.S. Housing Starts Rise to Decade High While Permits Decline

Shobhana Chandra | June 19, 2018

At the same time, potential buyers are facing a squeeze on affordability as property values keep soaring.

U.S. Homebuilder Sentiment Fell in June on Higher Lumber Costs

Shobhana Chandra | June 18, 2018

Higher lumber prices have added nearly $9,000 to the price of a new single-family home since January 2017.

2 Steps Could Help Most Members Reach Their Retirement Goals

Ginger Szala | June 15, 2018

Less than half of American households are on track for retirement.

Rising Rates Put U.S. Homebuilders in a Spot

Prashant Gopal | June 14, 2018

Higher rates and higher home prices cause a significant worry about affordability.

Gundlach: Rate Rise, Deficits Like 'Suicide Mission'

John Gittelsohn | June 13, 2018

Financial experts believe we are witnessing an unprecedented level of debt expansion.

U.S. Consumers Are Getting Deeper in Debt

William Mathis and Jenny Surane | June 12, 2018

Ahead of the Fed's interest rate decision on Wednesday, data shows consumer debt is climbing.

First-Time U.S. Homebuyers Account for Almost Half of Mortgages

Prashant Gopal | June 11, 2018

Experts believe this year is the beginning of a rough time ahead for the mortgage marketplace.

Home Prices Rise & Birthrates Fall in Study of U.S. Counties

Noah Buhayar | June 06, 2018

People who can afford to live in an expensive area may also have jobs that make it harder to have kids before their 30s.

U.S. Restricts Freedom Mortgage in Continued VA Loan Crackdown

Joe Light | June 04, 2018

Some mortgage firms have generated revenue in recent years through rapid, repeated refinances of veterans’ loans.

U.S. Pension & Annuity Income Drops Again

Allison Bell | June 01, 2018

The number of people over 65 is growing. The number getting guaranteed income from a commercial arrangement is shrinking.

NCUA Board Approves MBL Exemption for One-to-Four Unit Dwellings

David Baumann and Jim DuPlessis | June 01, 2018

MBLs as a whole grew 13.4% last year to $68.9 billion, accounting for 9.1% of total loans.

Blockchain Shows Clubby Leveraged Loans a Path to 21st Century

Katie Linsell | June 01, 2018

The market for leveraged loans is traditionally controlled by banks acting as agents between borrowers and investors.

Fed's Brainard Says Gradual Rate Hikes Remain 'Appropriate Path'

Craig Torres and Jeanna Smialek | May 31, 2018

The economy is expected to expand 2.8% this year, with inflation rising slightly above the Fed’s 2% target.

Credit Unions Zoom Past $1 Trillion in Loans

Jim DuPlessis | May 31, 2018

CUNA Mutual Group reports a slowdown in most non-car sectors.

Online Lenders Tighten Rules as Default Wave Rattles Investors

Shelly Hagan and Adam Tempkin | May 30, 2018

Fintech lending firms hit with a wave of defaults are eyeing higher credit score consumers.

U.S. Home Prices Climbing at a Rate Not Seen Since the 2006 Boom

Prashant Gopal | May 29, 2018

Six years into the housing recovery, prices are still climbing, largely thanks to an inventory shortage.

Golden 1 Adds a Human Touch in Tech Corridor

Jim DuPlessis | May 25, 2018

The California credit union opens a new mortgage center near San Jose.

Credit Unions Lean More Heavily on Auto Loans

Jim DuPlessis | May 25, 2018

While credit unions continue to rely on auto loans, originations rise at a slower pace.

Fannie-Freddie Overhaul Plan Is Dead for This Year, Senators Say

Joe Light | May 23, 2018

A bill was developed that would have preserved the operations of Fannie and Freddie while opening the market to new competition.

Consumers Are Repaying Cell Phone Debt Before Making Car Payments

Shelly Hagan | May 22, 2018

Economic trends show that cars are not essential assets - smartphones are, though.

Groundhog Day at Fannie-Freddie Where the Fix Is Always Tomorrow

Joe Light | May 22, 2018

Trump’s team hasn’t decided how to restructure the companies - or even who should do it.

Surging Prices, Rates Test Robust Demand in U.S. Housing Market

Vince Golle | May 21, 2018

Headwinds, along with the affordability for first-time home buyers, has created a tricky real estate lending market.

Credit Unions Ignite Commercial Loan Growth

Roy Urrico | May 18, 2018

“In the last two years, we have increased our capacity of lending per borrower from $5 million to $15 million."

U.S. Housing Starts Fall on Retreat in Apartment Building

Katia Dmitrieva | May 16, 2018

A mixed bag of housing information leads to uncertainty of the market.

Student Loan Default Rates Are Unreliable: GAO

Bernice Napach | May 15, 2018

A GAO report explains why student loan default rates disclosed by individual colleges may underreport actual numbers.

Home Depot’s Sales Miss Suggests Cooling U.S. Housing Market

Matt Townsend | May 15, 2018

The rationale is simple: If Americans feel like their properties are rising in value, they’ll spend more fixing them up.

Resources

Scenario Planning: How to Mitigate Uncertainty for Your Credit Union

From Kaufman Hall

Learn how scenario planning for your credit union can help manage risk and uncertainty more effectively, while allowing you to explore new opportunities.

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CECL Prep: How to Ensure Data Adequacy and Quality

From Sageworks, Inc.

This guide outlines challenges and objectives for your credit union to consider while identifying, assessing and addressing your data needs in preparation for the CECL model.

Download Resource ›
Reinventing Consumer Loans: How Community-Based FIs Can Win the Millennial Lending Market

From Kasasa

Consumer loans are rising among Millennials. Learn how your credit union can capture a larger share of the growing demand by reinventing your consumer loan offers.

Download Resource ›
Great TEXTpectations: The Text Messaging Playbook for Lenders

From Ellie Mae, Inc.

This ebook examines how today’s borrowers want lenders to use text messaging to help them complete the mortgage loan process, and how your credit union can meet their expectations.

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Tripling Commercial Lending Capacity: How One of the Biggest Credit Unions Transformed

From OneSpan Sign

This case study showcases how one of the 50 largest credit unions in the U.S. achieved staggering results by seizing an opportunity to digitize their commercial loan process.

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Monitoring and Record Keeping for Credit Unions in the Age of Electronic Business

From Smarsh

Learn how to keep your credit union prepared, resilient, and most importantly, compliant in the rapidly changing communication environment that credit union members demand today.

Download Resource ›
A Practical CECL Action Plan for Credit Unions

From Sageworks, Inc.

Start preparing your credit union for the current expected credit loss (CECL) model today. Follow this practical CECL action plan to ensure effective implementation and get ahead of this major change.

Download Resource ›
How to Develop a Strategic Approach to Incentive Compensation for Your Credit Union

From Kaufman Hall

Learn how to implement a strategic profitability-based incentive plan that rewards desired employee behavior(s) at your credit union.

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How a True Digital Mortgage Delivers an Experience Members Want

From Ellie Mae, Inc.

A true digital mortgage encompasses the entire loan lifecycle, only then does it pay off for both borrowers and your credit union.

Download Resource ›
Accelerate Performance Improvement: Best Practices in Budgeting and Planning for Credit Unions

From Kaufman Hall

These best practices help you increase profitability by leveraging the appropriate financial and operational data, processes, and tools to improve planning, efficiency, and accuracy.

Download Resource ›
2018 CFO Outlook: Performance Management Trends and Priorities

From Kaufman Hall

Learn what senior finance professionals detail as trends, implications and recommendations for 2018, including 12 key findings in this performance management survey report.

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Credit Union Analytics - Using the Right Data to Support Decision Making

From Kaufman Hall

In order for Credit Unions to be successful, they need to focus on "how" and "why" they achieved results.

Download Resource ›
Critical Steps to Successful Cash Flow Planning For Financial Institutions

From Kaufman Hall

Collaborative cash flow margin planning (CCFMP) is a marriage between ALM and traditional financial planning approaches. More institutions are turning to this approach because of its many benefits.

Download Resource ›
5 Critical Aspects of Profitability Analysis

From Kaufman Hall

Discover five aspects of profitability analysis critical to creating and sustaining a profitability measurement program that can be used to drive decisions and improve financial performance.

Download Resource ›
Profitability Measurement and Reporting: A Guide to Creating an Actionable Profitability Framework

From Kaufman Hall

With compressed margins and increasing competition, it is imperative for financial institutions to understand how customers, branches, channels, officers, and products contribute to the bottom line.

Download Resource ›
Extracting More Value from Funds Transfer Pricing

From Kaufman Hall

Learn how your Credit Union can Extract More Value from Funds Transfer Pricing

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Take Credit Union Planning to the Next Level: Cash Flow Based Budgeting & Forecasting

From Kaufman Hall

Collaborative Cash Flow Margin Planning (CCFMP) provides a more effective solution for balance sheet/margin planning. Discover what it is, its benefits and why it may be best for your organization.

Download Resource ›

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