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Credit unions in the Great Lakes State continued to add members in Q2 while a variety of loan types saw double-digit growth.
October 9 -
JPMorgan Chase is eliminating 400 positions in its mortgage banking unit, the latest lender to trim staff as a result of lower-than-expected demand in 2018.
October 5 -
Russell Cole will take the helm at CUSO Home Lending, succeeding John Reed, who is retiring from the position.
October 5 -
Some mortgage lenders are tapping artificial intelligence and machine learning to improve operational efficiency and enhance the borrower experience, but complexities do exist in implementing the technology.
October 5 -
Rising wages and savings rates resulted in a decline in past-due payments in the second quarter, the American Bankers Association said in its quarterly report on delinquency trends in consumer lending.
October 4 -
The Office of the Comptroller of the Currency lowered the $14 billion-asset thrift in Cleveland to “needs to improve” from "satisfactory."
October 3 -
Members of the American Credit Union Mortgage Association will receive discounted access to most of the Mortgage Bankers Association's training products.
October 3 -
First Foundation sold loans to Freddie Mac to free up space for higher-yielding credits. It then bought the securities that were formed to replace other, lower-yielding assets through an often overlooked program.
October 1 -
Struggles to achieve sustainable growth led CommunityWorks Federal Credit Union to seek a merger partner.
October 1 -
On Jun. 30, 2018. Dollars in thousands.
October 1