Lending

WASHINGTON -- Senate Banking Chairman Christopher Dodd (D-Conn.) has announced plans to put together a legislative package that will include a temporary moratorium on foreclosures and legislation to stop predatory lending.

SOUTH JORDAN, Utah -- Faced with an ongoing credit crunch, small businesses looking for capital should consider credit unions as an alternative, according to one prominent CUSO.

HIGHLAND PARK, Ill. -- A new study of the financial needs of prospective students suggested that credit unions could play a key role in helping them meet student loan needs.

WASHINGTON -- House Financial Services Committee Chairman Barney Frank (D-Mass.) has sent a letter to several of the nation's largest mortgage servicers urging them to "engage in an intense effort" to modify troubled mortgages.

WASHINGTON -- Accredited Home Lenders has dropped its lawsuit against the Illinois sheriff who last Wednesday published an op-ed in the Chicago Sun-Times stating that his office would no longer do evictions because banks were not determining who was living in buildings going into foreclosure even though such due diligence...

WASHINGTON -- The Bush administration announced today it will buy $250 billion worth of shares in the nation's leading bank companies.