Four of the agency's corporate bond issues lose AAA rating.
National Federation exploring possibility of aggregating loans to participate in new bond guarantee program.
With 115,000 new jobs and Chrysler’s $7.5 billion recent loan repayment to the government, the White House is encouraged by the auto industry’s comeback.
Home sales are rising but they would even more if qualified consumers weren't being shut out of the market, trade group says.
We agree with David Reiss that credit unions could benefit from increased competition resulting from a privatized mortgage market ("Professor Says CUs Should Back GSEs' Privatization," March 2, page 3) provided, as he states, that "they maintain their access on par with that of larger financial institutions." Otherwise, credit unions...
The $87 million Shreveport Federal Credit Union has used the long-term funding it received from the U.S. Treasury's Community Development Capital Initiative to grow its portfolio of very small business loans.
The idea came from someone who worked with the state of North Carolina’s retirement division and who also served on the advisory board at one of State Employees’ Credit Union.
The $87 million Shreveport Federal Credit Union has used the long-term capital it received from the U.S. Treasury's Community Development Capital Initiative to grow its portfolio of very small business loans.
It was a shock and it was unprecedented. The NCUA hammer brought down on the legacy assets held by the corporate system during 2010 caused it to reel as never before.
If a provision requiring CUSOs that use a corporate credit union's services to pay a voluntary payment to the Temporary Corporate Credit Union Stabilization Fund goes through,