Quantcast
Miscellaneous

CUNA Mutual Not Liable for Losses Tied to Failed Mortgage Lender

JAN 14, 2008 11:02pm ET

SAN FRANCISCO – A federal court last week dismissed a suit by 13 credit unions against CUNA Mutual Group, which claimed the bond issued by the credit union insurer should have covered the more than $4 million they lost when a mortgage company they lent through, LoriMac, went bankrupt last...

To continue, please sign in or subscribe
Free 14-Day
Trial
  • Online access to premium credit union content
  • Daily and weekly e-newsletters with top headlines
  • Learn why thousands of credit union professionals rely on Credit Union Journal
No credit card needed
Digital
Subscription
  • Access to our Credit Union Journal mobile app
  • Special reports providing the latest industry information
  • High-level perspective and insights on credit union strategies and tactics
Have an account?
SIGN IN HERE
Remember me