ENGLEWOOD, Colo. - Centrix Financial here has released an enhanced version of its Credit Ready Program, a product Centrix is actively marketing to the CU market. The Credit Ready Program is Centrix's tool for delivering its Portfolio Management Program directly to CU members with impaired credit, whether the application came...

MADISON, Wis. - The newly-formed CUNA Network Services has formed a deal to offer credit unions a suite of security solutions. CNS partnered with Internet Security Systems and Concentric Security to offer the suite, which will include assessment, identification, remediation, maintenance, monitoring and support of CUs' electronic security systems. Security...

RALEIGH, N.C. - GE Mortgage Insurance has launched the industry's first online workout approval system - e-LMO Fast TrackT. The new system is accessible through the www.gemortgageinsurance.com Web site and is part of GE's/MI Servicer platform which is designed to Web-enable mortgage insurance loan servicing processes and increase lender productivity....

WASHINGTON - A Consumer Federation of America survey finds that of the Web sites that sell life insurance,75% do not show the least expensive coverage and 40% were somewhat misleading. According to the CFA, the most misleading part of Internet shopping, is that sites claiming to provide the lowest-cost insurance...

WASHINGTON - The Federal Financial Institutions Examination Council's (FFIEC) recently released annual report was a mixed bag of news of home lending trends among ethnic groups in the U.S. According to the report, the number of home loans made to Asians and Hispanics increased slightly last year - up 8%...

WASHINGTON - Credit unions would do better to keep an eye on developments with bankruptcy legislation currently in conference committee than economic conditions when trying to predict upswings in mortgage loan delinquency rates. The pattern of low charge-offs will be tied more to bankruptcy legislation than to economic cycles, says...

Credit Union ONE, Ferndale, Mich., has held the grand opening of its new branch in Rochester Hills. To celebrate, Credit Union ONE will buy back unused checks from other financial institutions for $10, and provide a free box of checks to new members opening checking accounts. Credit Union ONE has...

INDIANAPOLIS - Credit union data processor re:Member Data here has released StreamLine, a XML real-time interface module available for its cuStar core data processing software that assists in automating workflow. StreamLine was developed for use in call centers and at the member service/new account desk, and development is underway for...