Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
SACU creates new division with CU Factory Built Lending
SAN ANTONIO (10/3/08)--Employees of CU Factory Built Lending L.P. (CUFBL) have joined San Antonio FCU (SACU) as a new division, SACU announced Wednesday. Since 2004, CU Factory Built Lending L.P. has been a SACU subsidiary, taking a leadership role in providing and servicing manufactured home loans for the credit union industry. Filling a void for consumers in a climate where site-built construction costs have skyrocketed, the organization helps thousands of members obtain loans to buy construction at an affordable price or refinance their existing homes to more favorable terms, said SACU. SACU President/CEO Jeff Farver said the change will allow CUFBL and the $2.6 billion asset credit union to serve current and prospective members. The division and SACU will continue providing manufactured housing lending.


RSS print
News Now LiveWire
FHFA today announced it's extending comment deadline for guarantee fees Fannie, Freddie charge lenders to Sept. 8.
5 hours ago
The 2014 @CUwomen Forum was held in Gold Coast, Australia yesterday during @WOCCU 's World CU Conference.
8 hours ago
.@CFPB obtains $92M in debt relief from Colfax Capital Corp. http://t.co/QPZAeCAcy2 See also: http://t.co/Kjf4HHkINW
9 hours ago
Julian Castro was sworn in as 16th secretary of @HUDgov Dept. of Housing and Urban Development Mon.
10 hours ago
.@CUNA's Chief Economist @SchenkMike talks consumer confidence--at highest levels since 2007 w/ @TheStreet @JoeDeaux http://t.co/JyoYQmhAxc
10 hours ago