Bad-account data is a great resource for loan portfolio management.
January 24, 2012
There’s an upside to the economic down cycle: A wealth of information on bad accounts.Read More
CUs work fast and smart to keep repos under control.
October 1, 2011
To turn around recession-related increases in repossessions, CUs have beefed up their loan-assessment processes, initiated faster action on collection procedures, and worked diligently to help members avoid repossessions.Read More
Property values in many markets haven't bounced back, but some CUs see increasing mortgage demand.
September 1, 2010
CUs are continuing with strong underwriting standards while helping members as much as possible to stay in their homes.Read More
If the shoe fits...
August 16, 2010
Finding a credit union service organization (CUSO) to fit your credit union's lending needs is like finding comfortable footwear.Read More
June 23, 2010
When Lyle Wermund determines whether to modify a mortgage, he asks one key question: Does the loan make sense?