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The Business Press: Credit Unions see mortgages as part of return to profitability

By Chris H. Sieroty  Contributing Writer California credit unions originated more than 12,500 primary mortgages, including purchases and refinances, in the second quarter of 2009, the highest level since the second quarter of 2004 and almost 2,000 more than the first quarter, according to a report by the California Credit Union League. Based in Ontario, the CCUL said California credit unions originated... [Read more]