Lending

Home Equity

By Aaron Pugh | March 12, 2012

First New England Federal Credit Union and its CUSO lay the groundwork for additional rounds of refinance assistance.

By Rebecca McClay | Nov. 14, 2011

A Loan Saver application that reveals savings in converting to a Belvoir Federal Credit Union loan has already attracted several refis.

By Rebecca McClay | Sept. 19, 2011

Credit unions can help members tap home equity to provide better financial security.

 

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By Dane Coalson | Aug. 5, 2009

The Credit Card Accountability Responsibly and Disclosure (CARD) Act, published on July 15th, was designed to protect consumers from predatory practices in credit card programs. Only recently have the full compliance implications surfaced. Many credit unions have been confronted with a host of last minute compliance issues as the bill's reach is all open end lines of credit, not cards alone.

By Alix Patterson | April 13, 2009

Starting with the September 30, 2008 call report, credit unions were required to report their loan modification efforts. The data show that not all credit unions are reporting modifications and delinquency the same way but it does point to a growing challenge facing the industry. Here’s a brief look at the numbers in 5 easy-to-understand charts.

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.

By Mary Royston | May 14, 2007

One of the biggest players in home mortgage finance has announced a no fee first mortgage product. The implications for credit unions are momentous.

By Jay Johnson | May 29, 2006

Real estate loans outstanding rose 13.7 percent over the past 12 months according to first quarter data. The data also shows that rising rates are leading to a shift in member preference toward fixed rate real estate loans, particularly in home equity borrowings.

By Tom Geggel | March 13, 2006

Given all of the recent attention spent analyzing the real estate market’s potential downturn, is all of the hype merited?

By Tom Geggel | March 7, 2005

Should credit unions offer teaser rates on their HELOCs? Executives from six credit unions offer their opinions on teaser rates.