Items Tagged with 'underwriting'

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Handling Post-Recession Repossessions

CUs work fast and smart to keep repos under control.
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.
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Real Estate at a Crossroads?

Property values in many markets haven't bounced back, but some CUs see increasing mortgage demand.
CUs are continuing with strong underwriting standards while helping members as much as possible to stay in their homes.
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