Industry WIKI

A collective trust fund or collective investment trust (CIT) is a legal trust administered by a bank or trust company that combines assets for multiple investors who meet specific requirements set forth in the fund's declaration of trust. Typically, a collective trust pools assets from corporate and governmental profit sharing, pension and stock bonus plans, and charitable and other tax

The Credit Union National Association (CUNA, pronounced "Cue-Nuh"), was a national trade association for both state- and federally chartered credit unions located in the United States. CUNA provided member credit unions with trade association services, such as lobbying, regulatory advocacy, professional development, and professional services management. The organization operated out of i

Mortgage underwriting is the process a lender uses to determine if the risk of offering a mortgage loan to a particular borrower under certain parameters is acceptable. Most of the risks and terms that underwriters consider fall under the three C's of underwriting: credit, capacity and collateral.