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ENTRY LEVEL WORKER Joined: 13 Jul 2013 Posts: 1

They care about improving the financial literacy of the population, are working on the formation of their members and their employees. Credit unions are competitors of savings institutions, adding interest on deposits of members. This applies to the shares, as well as to additional funds transferred to the account in the credit union. Credit union is created by a group of members who pursue a common interest. Agreeing to make regular contributions, they create a fund from which can borrow money for investments and replenishment of working capital at favorable interest rates. The specifics of credit unions and, in some sense, their uniqueness lies in the fact that they work not for profit and do not appropriate profit.
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ENTRY LEVEL WORKER Joined: 16 Sep 2013 Posts: 9

Although the commercial real estate sector is showing emerging signs of improvement - the battle still rages between defaulted borrowers and lenders. Some impatient lenders, not content to use lawful enforcement tools, are violating the law in their efforts to collect defaulted loans. Are these lenders, by their unlawful actions, exposing themselves to lender liability claims and defenses? [Are their attorneys exposing themselves to legal malpractice claims for not advising their lender clients of the risks of pursuing clearly unlawful collection practices?] To learn more, read Assignments of Rents - Lenders Beware!

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