Lake Michigan CU signs HGTV’s Carter Oosterhouse as a celebrity spokesman.
May 20, 2013
‘We’re big into mortgages and Carter’s big into homes.’Read More
New CFPB rules change the definitions and coverage of two types of mortgages.
May 8, 2013
Mortgages that fall into the high-cost or higher-priced category have certain restrictions and requirements, so it’s important to understand what they are.Read More
Here’s a six-point overview of the CFPB’s new mortgage lending regulations.
February 28, 2013
In mid-January, the CFPB opened the floodgates, and mortgage lending rules began gushing out.Read More
Focus on fundamentals and keep an eye on risk, lenders advise.
January 6, 2013
Credit unions expect modest loan growth this year as the economy improves.Read More
Consumers are more likely to keep their auto loans current than their mortgages.
September 12, 2012
Asset quality remains high despite increases in nonprime auto loans.Read More
Leading the way were used auto loans and adjustable-rate mortgages.
July 3, 2012
Credit union savings balances grew 0.2% in May compared to a 0.6% decrease in April.Read More
Overall CU savings decreased 0.7% during April following strong gains in March.
June 10, 2012
CU loans outstanding grew 0.4% during April, led by adjustable-rate mortgages, unsecured personal loans, and used auto loans, according to CUNA’s economics and statistics department.Read More
Reaching $1 trillion in assets is an impressive feat, but one that demands perspective.
May 4, 2012
CU assets pass the $1 trillion mark for the first time. JP Morgan Chase Bank, in comparison, has $1.8 trillion in assets.Read More
CU loans decrease 0.2% while savings grow 2.1%.
April 16, 2012
Adjustable-rate mortgages lead loan growth at 0.7%, followed by fixed-rate mortgages, which grew 0.4%.Read More
CU savings balances also fall during January.
March 5, 2012
CU loans outstanding decreased 0.2% during January 2012 compared to a 0.4% increase in December 2011.Read More