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Mass. Loan Program Shows Banks, Credit Unions Can Get Along
Ten institutions are rising above national grievances to help startups – many minority owned – get up and running in a struggling mill town.   more »
Federal Reserve officials elected once again to postpone raising rates, but credit union advocates believe that the language contained in the Fed's statement strongly suggests a rate hike is coming very soon. more »
A top CFPB official said Monday that lenders have adjusted their business models and practices to comply with new rules, while MBA CEO David Stevens called on the Federal Housing Administration to clarify its underwriting standards. more »
The Department of Housing and Urban Development is taking a harder look at how mortgage lenders treat borrowers with limited English language skills. more »
Credit union service organization myCUmortgage has launched a new mortgage servicing operation, providing its members with another option to deal with the payment function. more »
While this is plenty of speculation regarding when the Federal Reserve will increase rates, there is even less agreement as to what the best course of action should be for CUs when that time finally comes. more »
Credit union professionals and economists debate the Federal Reserve's next interest rate increase. more »
Real estate CUSO has signed five California-based CUs and CUSOs so far this year. more »
Credit unions in the northeast now have the option to offer members a free trial subscription to SiriusXM satellite radio thanks to a new partnership with the Cooperative Credit Union Association. more »
Credit union mortgage lending is up 8.5% year-to-date, with continued strong results forecasted through 2017. more »
New, stricter regulations on loans to active-duty service members take effect on Oct. 3. Here’s a guide for getting ready. more »
The Mortgage Bankers Association has long been a staunch defender of the mortgage interest deduction. But the group's president and CEO now says he's open to Congress reducing, or even eliminating, the tax break. more »
The National Association of Realtors is urging policymakers to implement reforms meant to qualify more condominium buyers for Federal Housing Administration loans. more »
PenFed Highlights the CU Difference
PenFed CU CEO James Schenck went on TV to discuss the difference between banks and credit unions, and the credit union difference.