Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
Universal Mortgage Corp. announces closure
MEQUON, Wis. (5/10/10)--Universal Mortgage Corp., a mortgage bank that counted credit unions among its clients, has informed state officials in Wisconsin it will begin to close permanently this month. The Mequon, Wis.-based Universal told the Department of Workforce Development in a letter that it had been unsuccessful in finding capital or a buyer to forestall closing (Milwaukee Journal Sentinel May 3). The shutdown will begin May 15 and continue through the end of the month. It will eliminate about 100 jobs.


RSS print
News Now LiveWire
#NewsNow: CU leagues of 5 states call for merchant breach accountability http://t.co/lnmpna8AoV
2 hours ago
Worker's CU, Fitchburg, Mass., was 1 of 5 CUs recognized with a 2014 @CUNA Technology Council Excellence in Technology Award
3 hours ago
.@Servicecu was 1 of 5 CUs recognized with a 2014 @CUNA Technology Council Excellence in Technology Award.
3 hours ago
SACU of San Antonio was 1 of 5 CUs honored with a 2014 @CUNA Technology Council Excellence in Technology Award
4 hours ago
Credit report tips from @CUNA's Susan Tiffany at @RISMediaUpdates http://t.co/ezefKXwWjw
4 hours ago