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The San Francisco private bank reported double-digit gains in originations and noninterest income that led to a nearly 30% increase in profits last quarter.
January 13 -
PNC’s fourth-quarter profit improved on higher lending to corporate customers for real estate and other loans.
January 13 -
The California bank, grappling with credit-quality issues, did not say when – or if – a successor will be named
January 12 -
The Rural Housing Service is expanding its manufactured housing loan guarantee program to include more refinancings of used or existing manufactured homes.
December 30 -
Online lenders could be opening doors for female entrepreneurs; the San Francisco Fed's Mary Daly talks about closing the gender gap in the research department; Barclays' UK diversity chief shares mentor-mentee relationship tips; Centric's Patti Husic creates a millennial advisory board. Carver Bancorp's former CEO is joining Citi's board and we take a look at Mary Jo White's possible successor. Plus, a look back at the year for Mary Mack, Carrie Tolstedt, Kathie Andrade and Nandita Bakhshi.
December 29 -
After a banner year for car sales nationwide, what should CUs expect in 2017? Credit Union Journal asked analysts and lenders for their forecast.
December 27 -
The Community Home Lenders Association is urging the incoming Trump administration to help recapitalize Fannie Mae and Freddie Mac by stopping, at least temporarily, the quarterly profit sweeps that go into the U.S. Treasury.
December 23 -
A key quarterly real estate report finds confidence around mortgage lending on the decline, but credit unions' mortgage business continues to surge, with originations up by 22% year-over-year during Q3.
December 22 -
The data shows an increase in delinquency rates for consumers with poor credit, but the bulk of the subprime loans that are performing poorly right now aren't coming from credit unions.
December 21 -
Two credit unions in Georgia have partnered with Carvana, an online auto retailer.
December 19