Lending

The National Association of Mortgage Professionals has sued the Federal Reserve to block a proposed rule that would bar mortgage brokers from being paid by commission on mortgages written.

The National Association of Mortgage Professionals has sued the Federal Reserve to block a proposed rule that would bar mortgage brokers from being paid by commission on mortgages written.

ATLANTIC CITY, N.J. — Do not expect an easy fix for the US economy, said Mike Schenk, vice president of economics at CUNA, at the “Credit Union Reality Check” conference in Atlantic City.

ATLANTIC CITY, N.J. — Do not expect an easy fix for the US economy, said Mike Schenk, vice president of economics at CUNA, at the “Credit Union Reality Check” conference in Atlantic City.

MyCUmortgage and CU Structured Finance have formed a partnership to help make more mortgage financing available to credit union members.

A mortgage servicing settlement proposed by Iowa Attorney General Tom Miller is under intense scrutiny by several state attorney generals, who publically voiced their concerns about its impact on U.S. financial institutions in media interviews and a March 16 letter to addressed to Miller’s office.