Home prices fell 2.1% from the fourth quarter of last year to the first quarter of 2010, and average mortgage rates are at their lowest of the year, according to data released by Freddie Mac.
Credit unions received a reprieve on data-reporting requirements but were still waiting on amendments on interchange fees and the agency to regulate consumer financial products as the Senate began to discuss the financial overhaul bill.
The chairman of the NCUA would be included in the council of regulators that could make decisions on systemic risk and hear appeals of rules by the new consumer financial regulator if an amendment sponsored by Sen. Susan Collins (R-Maine) is approved.
Credit unions using CRI Solutions Inc.'s loan origination platform can now deploy the widely used digital and Web signing solutions from Wycom Systems Inc.
The widely used digital and Web signing solutions from Wycom Systems Inc. are now being offered to credit unions using CRI Solutions' online and in-house lending solutions.
As part of its cost-cutting over the last year, ailing Arrowhead Central Credit Union has cut its staff by a fifth to 400 and has shrunk its loan portfolio "way down" in three areas-autos, home equity and RVs, said Larry Sharp, president/CEO.
As a member and past chair of the board of directors of the $43 million ALPS Federal Credit Union in Sitka, Alaska, I would like to share with your readers an Alaskan story.
The country's economic difficulties took an acute toll on individuals and businesses last year as the number of filings for bankruptcy rose by 31.9%, according to data released today by the Administrative Office of the U.S. Courts.
Elizabeth Whitehead, the NCUA's associate regional director of programs in Region I, was named by the board to be the Director of Region V.
The winter is prime trading season for baseball teams and the NCUA has decided to get into the act as well.