Lending

WASHINGTON -- The continuing woes of the economy in general and the housing industry in particular again took their toll on mortgage buyer Freddie Mac as it today reported that during the third quarter its revenues fell $25.3 billion.

WASHINGTON - Borrowers who have missed at least two mortgage payments could be eligible in a reduction in interest, under a proposal unveiled today by the FDIC.

WASHINGTON - Congress should insist that the Treasury Department invest up to $50 billion into a program to help consumers avoid foreclosures being proposed by the FDIC

WASHINGTON - In a House hearing yesterday examining the role of the private sector in mortgage modification

WASHINGTON -- In response to the credit crunch, Small Business Administration Acting Administrator Sandy Baruah announced today several loan program changes to help the agency's lending partners increase access to capital for small businesses.

PEORIA, Ill. -- Times are tough in many parts of the country, but credit union loan volume is soaring at the $3.6 billion Citizens Equity First FCU, the state's second largest, according to Charles Walker, chief financial officer.