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The discounts that Fannie Mae and Freddie Mac used to offer large originators for selling them bulk bundles of mortgages continue to haunt small lenders, who worry a new housing finance system could revive the practice.
July 20
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After having insisted many times that it couldn't begin returning funds to CUs until 2021, the agency may have found a way to start making payments as early as 2018.
July 20
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The McLean, Va., lender, which has substantial exposure to subprime consumer loans, also added to its provision for credit losses.
July 20
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The $482 million deal would be Associated's first bank acquisition since June 2007.
July 20
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LendKey, whose software helps financial institutions make student, auto and home improvement loans, closed a Series C round led by a fund whose investors include more than a dozen banks.
July 20
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The Pittsburgh company, pleased with employee and client retention from its March purchase of Yadkin Financial, is looking to hire lenders from other institutions.
July 20
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Distribution based on deposit, loan relationships with the credit union in the first half of 2017.
July 20
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Credit unions in both states continue to meet or beat their national average in a variety of growth metrics, according to the League of Southeastern CUs.
July 20
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Credit unions are hiring and promoting new loan officers to ramp up a key area of their operations.
July 20
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Kennedy, who succeeds retiring CEO Lee Hancock, has served in executive positions at a variety of other credit unions.
July 20
