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Saving members money through refinance challenges has become a trackable industry trend that grows loan portfolios.
Consumers have emerged from the economic downturn with new power and are contributing to record financial figures.
With a housing market rebound likely to continue, credit unions can start to think about how to create new mortgage lending service.
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Educators Credit Union is now aiming to help members save $30 million in 2012 after exceeding its $20 million goal.
State Department FCU’s in-house legal counsel drives a double-digit increase in recoveries and shortens collection turnaround time.
As Bank of America tests a unique foreclosure management program, credit unions can consider if a similar rental solution would work for them.
Library of Congress FCU’s mad promotion helps it book nearly $2 million in auto loans.
First New England Federal Credit Union and its CUSO lay the groundwork for additional rounds of refinance assistance.
Credit unions made at least 20% of the mortgage loans in 17 markets across the United States, including in New York, Michigan, and Alaska.
Two successful loan promotions in 2011 reinforce the idea that solutions sell better than products.