Lending

Signature loans are offered by the majority of credit unions across the nation, but it's hard to tell from the marketing of this traditional CU product.

ALEXANDRIA, Va. -- Pentagon FCU continues to expand its real estate CUSO, a move the CU says is enhancing member service and solidifying long-term relationships.

COLORADO SPRINGS, Colo. -- The recent surge in student loan write-offs has industry analysts concerned that the student lending "bubble" may be ready to burst.

GAINESVILLE, Ga. -- Used car values did not slide as much as expected in 2013, despite strong new car sales, reports Black Book, which sees used values holding steady for much of this year.

Credit unions in Alabama and Florida boosted their lending in the third quarter of last year, with member business lending playing a noticeable role.

MADISON, Wis. - Will 2014 be the year the rubber meets the road when it comes to mortgage rules and regulation? Jon Bundy, regulatory compliance manager for CUNA Mutual Group, thinks so.

Washington - The Federal Reserve's planned reduction in bond purchases will drive rates up 50 basis points over the course of 2014 as mortgage-backed securities spreads widen, agency forecasts say.

NEW YORK -- As the year winds down, consumer credit quality remains healthy, as the latest data shows stability in national default rates through November.

WASHINGTON -- A recent advisory from the Consumer Financial Protection Bureau continues to muddy the waters for credit unions trying to decipher seemingly conflicting messages from the bureau regarding its Qualified Mortgage (QM) rule that goes into effect in January.

ARLINGTON, Va. -- NAFCU "strongly opposes" recently announced mortgage loan fee and other changes by Fannie Mae and Freddie Mac.

Lower credit losses and higher premium revenues pushed the capital ratio of the Federal Housing Administration's mortgage insurance fund closer to positive territory and the agency says it is on pace to reach its statutory capital requirement two years ahead of schedule.

MARYVILLE, Mo. — Northwest Missouri Regional Credit Union is offering an unusual loan promotion that gives members 0% interest this holiday season and aims to boost local shopping.

EAST LANSING, Mich. — MSU FCU is doing its part to make sure the Michigan State University football team is well supported when they play Stanford in the Rose Bowl Jan. 1.

SCOTTSDALE, Ariz. — As the real estate market continues to make a comeback, CUs are turning to a CUSO to help them book more loans.

WASHINGTON — Recent remarks from Rohit Chopra, the Consumer Financial Protection Bureau's top official in charge of student lending, have warned that the trillion-dollar student loan market is missing key data and regulations necessary to head off another financial crisis.

BEAVERTON, Ore. — Rivermark Community CU here cut rates on its credit card offerings by an average of 3.2 percentage points as part of a larger move to consolidate its cards program.