Lending

Subprime

By Brett Christensen | Feb. 2, 2009

Last year, we covered the soon to be released, FICO 08. Due to litigation between Fair Isaac Co. and the credit bureaus, the roll-out was delayed. However, the lawsuits are now settled. The three major credit bureaus have announced plans to roll-out the changes at various points in the year.

By Callahan & Associates | Jan. 1, 2009

Beleagured members benefit when Ent Federal Credit Union's collection team morphs into proactive Member Solutions department.

By Lydia Cole | Dec. 8, 2008

Credit unions, without government assistance or prompting, have officially reported 6,642 modified mortgages, with just over $1 billion outstanding in modified mortgage loans.

 

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By Hunter Moss | Oct. 27, 2008

Developed by a cross-section of credit union stakeholders and spearheaded by the Credit Union Housing Round Table (CUHRT), a working document released today outlines a key credit union mortgage relief initiative.

By Callahan & Associates | Oct. 27, 2008

There are many benefits for credit unions that choose to represent themselves at auto auctions. However, the credit unions that are the most successful are the ones that are familiar with the auto auction sales process.

By Origence, a CU Direct Brand | June 30, 2008

Although new vehicle sales are at a nine-year low, auto lending still represents a strong opportunity for credit unions.

Partner Perspective
The Early Bird gets the Worm...

By Mortgage Cadence | April 7, 2008

It pays to be patient. The current subprime fallout is driving the record-breaking lending volumes credit unions experienced during the first quarter of this year. Let's not take it for granted.

By Joe James | Oct. 24, 2005

Non-Prime lending has grown rapidly throughout the United States. Here are three reasons why credit unions should get involved in this market.

By Joe James | Oct. 3, 2005

Although sub-prime lending can be a risky endeavor, Patelco Credit Union has been successful in providing sub-prime loans to its members.