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Radian Guaranty launches site for CU partners

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PHILADELPHIA (3/30/11)--Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc., has launched a website designed exclusively for credit unions. The site includes current rates, online calculators and a calendar of industry events Radian will attend. “Radian has been focused on building and strengthening relationships with credit unions for the past several years, and as those relationships have grown, it’s become increasingly clear we needed to create an online home specific to a credit union’s needs” said Tony Bruschi, vice president of credit union sales at Radian. The new website provides credit union customers with:
* Direct log-in access to MI Online, the company’s Web-based mortgage insurance ordering and servicing system; * Access to credit union rates and Radian’s underwriting guidelines; * The Radian Decision Calculator, programmed with credit union rates; * Radian’s Rate Finder tool, also programmed with credit union rates; * A loan amount estimator; and * An archive of Radian Credit Union eBulletins, which announce rate and guideline changes.

Discovery webinar explores lending trends

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MADISON, Wis. (3/30/11)--A free CUNA Mutual Group Discovery webinar will offer insight on a changing lending environment. “The Road Ahead: Making the Most of Every Lending Opportunity,” will be presented by Dan Kaiser, CUNA Mutual vice president of lending, at 12:15 p.m. CT on April 18. Registration is open through April 18. Upcoming 2011 Discovery events include:
* May 24--"Technology Strategies and Trends," presented by Rick Roy, CUNA Mutal senior vice president and chief information officer; * June 18-21--Seventeen Discovery sessions will be offered at CUNA’s America’s Credit Union Conference; * July 19--Regulation double-feature, presented by Bill Klewin CUNA Mutual associate general counsel and director of lending compliance, and Brad Pricer, CUNA Mutual employee benefits product manager; and * Oct. 4--Second Annual Online Discovery Conference.

Octant Business Services pays 7.5 dividend

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LITTLETON, Mass. (3/30/11)--Octant Business Services, a credit union service organization (CUSO) that provides guidance, underwriting and loan servicing for member business lending programs, has issued a 7.5% dividend--the second consecutive year the company has paid a dividend to its owners. Working with 17 credit unions, Octant serviced 385 loans worth $172 million during 2010. The firm’s loan portfolio grew by $61 million, a growth rate of 55% from 2009. “It’s gratifying to know that our efforts not only have helped so many small-business owners to realize their dreams, but also empowered credit unions to enter the small-business market,” said Bob Cipriani, president/CEO of Octant Business Services. “We know our strengths and focus exclusively on this key area,” Cipriani said. “Collectively, our staff has well over 100 years of experience in business loan underwriting.”