Lending

WASHINGTON -- The National Credit Union Foundation's seventh and eighth Innovation Grants for 2008 will assist smaller credit unions manage governance issues and help lower income credit union members escape predatory car loans.

NEW YORK -- The National Federation of Community Development Credit Unions and the Coalition of Community Development Financial Institution Coalition have requested the Treasury set aside...

MCLEAN, Va. -- A weak job market-described by some as the worst market in 14 years for job seekers-has caused interest rates to decline.

WASHINGTON -- NAFCU praised the plan unveiled yesterday by NCUA Chairman Michael E. Fryzel to use $2 billion from the Central Liquidity Fund to pay for mortgage relief for low-and middle-income credit union members.

SAN DIEGO - Mortgage data provider DataQuick reported today that the median sales price for a Southern California home has dropped 41% from peak prices only 18 months ago.

WASHINGTON -- NCUA Chairman Michael E. Fryzel said today his agency plans to tap the central liquidity fund to provide credit unions with funds so they can provide lower mortgage rates.