Lending

Loan Modifications Part II: The 'Most Important Thing CUs Will Do' This Year and Next

September 25, 2009
/ PRINT / ShareShare / Text Size +
Bill Vogeney : "Take as many factors into consideration as you can" when doing loan modifications. Loan modifications are an unfortunate reality of the Great Recession: The percentage of modified first mortgages grew from 0.53% at year-end 2008 to 0.92% as of March 2009, according to CUNA’s economics and statistics...
To view the full article, or subscribe to Credit Union Magazine.

What's Popular

Popular Stories

Recent Discussion

Do You Plan to Adopt Apple Pay?

View Results Poll Archive