Items Tagged with 'participation'

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Loan Participations

Following sound business practices will guide your CU through a complex regulatory maze.
A well-drafted agreement governs the loan participation process.
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New Service Brings Together Loan Buyers and Sellers

Sellers post available loans; buyers can view available loan bundles.

CUSO's online marketplace makes it easy for financial institutions to find each other and conduct business directly.


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NewSolutions: A Core That Zings

Bay Ridge FCU races through participation lending with NewSolutions.
Bay Ridge FCU races through participation lending with NewSolutions.
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Lender Pleads Guilty in $80 Million Ponzi Scheme

Corey N. Johnston entered a plea of guilty to one count of bank fraud and one count of filing a false income tax return.
A 40-year-old Lakeville, Minn., man pleaded guilty in federal court to operating a Ponzi scheme that defrauded at least 17 lenders out of $79 million.
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