Items Tagged By: 'mortgages'

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CU loans outstanding grew roughly 0.4% during December, led by a 2.4% increase in credit card balances, CUNA reports.
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Top-notch lending requires seeing the potential for growth where others might settle for business as usual.
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Total CU savings increased 0.2% in November, compared to a 0.1% decrease in October.
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In an environment where consumers are reluctant to borrow, innovative lending strategies have become essential for growth.
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Bucking this trend are the New England and West South Central regions.
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CU loans outstanding increased 0.2% during April compared to a 0.1% decline in March, according to CUNA’s economics and statistics department.
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The housing crisis and recession have given CUs an opportunity to serve more members. But this period of heavy mortgage refinancings won’t last forever.
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Still more clarification is needed on the Fed's Reg Z changes.
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Also on the decline: ARMs and HELOCs.
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There weren't many lending bright spots for CUs overall in November, according to CUNA's economics and statistics department.
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