Lending

WASHINGTON -- Credit unions report very little impact from the recent government takeover of Fannie Mae and Freddie Mac. But Navy Federal Credit Union's Jack Gaffney, executive vice president of lending, said that, in the long term, the takeover is not good for the financial services industry.

SPOKANE, Wash. -- Numerica Credit Union has partnered with Greater Spokane Inc. to open a BIZStreet information center for those small business owners who can not make the trip to downtown Spokane.

WASHINGTON -- Data on 21.4 million mortgage applications and originations and 4.8 million purchases in 2007 from 8,610 financial institutions is now available, a government council made up of financial services regulators announced today.

FAIRFIELD, N.J. -- Credit Union Student Choice has signed on Polish & Slavic Federal Credit Union to bring private student loans to the financial institution's membership.

MINNEAPOLIS -- It's probably no surprise that many parents are helping their adult children with loans, rent, car payments and utilities long after college graduation, according to a new survey.

NAPERVILLE, Ill. -- Thanks to an alliance involving eight Illinois credit unions, students will have access to more than $100 million in college loans for the 2008-2009 school year.