It’s been about a year since two employees at the $1.6 million Enterprise Credit Union pleaded guilty to embezzling almost $1 million over a period of 10 years, but the topic still fuels the gossip mill in the small Kansas town. And, according to one prominent resident, the incident reduced...
“Once you break that type of trust, there’s no turning back.”
A last-minute deal that avoided a federal default spared credit unions from having to re-evaluate U.S. Treasury bond values on their books, a calculation other financial institutions had begun to make.
Fed districts report vacancy rates continued to fall, rents rose, and the outlook was generally positive.
Cory Booker heads to U.S. Senate
Letter says insurance firms must charge for true costs.
Legislation means money flowing back to federally employed credit union members.
Cleveland judge says agency justified in denying an additional $250,000 in deposit insurance to church that lost funds in fraud case, collapse.
As the shutdown of the federal government entered its second week, private mortgage insurers alerted clients and potential clients they will insure mortgage loans if the Federal Housing Administration, operating with a skeleton crew, jeopardizes closing dates.
Fannie Mae and Freddie Mac have made significant progress toward creating a joint entity which may eventually function as a market for mortgage-backed securities.