Calling it a net plus for the consumers and the housing market, Affinity FCU President/CEO John Fenton urged lawmakers to ensure that any changes in the housing finance system don’t jeopardize the existence of the 30-year mortgage.
New board member would come from a Community Development CU and the Network of Latino Credit Union Professionals.
New Jersey CEO says 30-year mortgages are "necessary for the health of the housing market."
As part of National Tire Safety Week, Navy Federal Credit Union will be one of several pit stops for free tire inspections.
WASHINGTON — Skeptics dominated a conference on the impact of a proposed cap on debit interchange that was held on the same day Federal Reserve Chairman Ben Bernanke informed Congress that the Fed will miss an April 21 deadline to announce the regulation's final version.
As Congress contemplates whether to pass a law regulating debit card interchange, a majority of economists and government officials attending a meeting on the subject agreed that there is no economic basis for the proposed regulatory change.