Lending

Happy birthday to the American Credit Union Mortgage Association, which was founded on March 29, 1996.

Happy birthday to the American Credit Union Mortgage Association, which was founded on March 29, 1996.

Editor-in-Chief Sarah Snell Cooke recently asked a handful of credit union executives for their points of view on supplemental capital.

Members of the House Financial Services Committee today unveiled a series of bills that would eventually wind down mortgage buyers Fannie Mae and Freddie Mac.

Borrowers would have to put 20% down on a mortgage in order for the lender to be exempt from the “skin in the game,” rules, according to a proposed rule sent out for comment today by the FDIC and other regulators.

Borrowers would have to put 20% down on a mortgage in order for the lender to be exempt from the “skin in the game,” rules, according to a proposed rule sent out for comment today by the FDIC and other regulators.