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21 credit unions are participating in Fannie Mae's 40-year mortgage pilot:

By Staff Writer

* Air Academy FCU, Colorado Springs, Colo. * America First CU, Ogden, Utah * Anheuser-Busch Employees CU, St. Louis, Mo. * Baxter CU, Vernon Hills, Ill. * Bethpage FCU, Bethpage, N.Y. * Blackhawk FCU, Janesville Wis. * Boeing Employees CU, Seattle, Wash. * CFCU Community CU, Ithaca, N.Y. * Columbia...

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Spokane Teachers Credit Union Provides $4.37 Million in Financing for Historic Building

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February 24, 2004

CU West Mortgage Celebrates Three Milestones

RANCHO CUCAMONGA, Calif. - CU West Mortgage, a mortgage lending company formed in December by the California Credit Union League and Orange County Teachers FCU, is celebrating several notable milestones. Earlier this month, the company was approved to make loans through the California Public Employee Retirement Systems (CalPERS), which provides...

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February 24, 2004

Refi Levels Drop in Fourth Quarter 2003, but Share of Refinancings Taking Cash Out Increases

MCLEAN, Va. - Nearly half - 45% - of loans owned by Freddie Mac that were refinanced in the fourth quarter 2003 resulted in new mortgages at least 5% higher in amount than the original mortgages. This compares, Freddie Mac's quarterly refinance review shows, to an upwardly adjusted 34% of...

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February 24, 2004

HUD to Sell Up to 4,000 Homes in Two-day Internet Auction

WASHINGTON - The Department of Housing and Urban Development will use the Internet on Feb. 27-28 to sell up to 4,000 homes it acquired through foreclosure throughout the continental U.S. HUD plans to publicize the auction in major newspapers around the country and use special procedures in listing homes for...

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July 22, 2003

Treasury Secretary to Testify on GSE Regulation

WASHINGTON - Treasury Secretary John Snow is scheduled to testify Sept. 4 in front of the House Financial Services Committee on the regulatory structure of the housing government sponsored enterprises Freddie Mac and Fannie Mae. Committee members are expected will ask Snow to comment on suggestions that regulation of the...

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July 22, 2003

St. Joseph's CU Puts Members in Touch with MortgageClickT

BIDDEFORD, Me. -The more than 14,000 members of St. Joseph's Credit Union who are interested in applying to the credit union for a mortgage can now file an application 24/7 and get almost instant approval - without ever speaking to a loan officer - by accessing MortgageClickT from the credit...

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July 22, 2003

Senate Banking Committee Plans Fannie, Freddie Hearing

WASHINGTON - The Senate Banking Committee has tentatively scheduled a hearing July 22 to consider the nomination of Mark Brickell to supervise Freddie Mac and Fannie Mae. The Brickell confirmation hearing would become the fourth congressional hearing scheduled on the government sponsored enterprises in the wake of Freddie Mac's accounting...

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July 22, 2003

Amarillo Community FCU Partners with Irwin Mortgage for Home Financing

AMARILLO, Texas - Amarillo Community FCU reached an agreement with Irwin Mortgage Corp. for the residential mortgage lender to facilitate mortgages for the $90.5 million credit union. Irwin Mortgage will have a trained mortgage professional on-site at Amarillo Community FCU's main office. The company will originate mortgages and service them...

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21 credit unions are participating in Fannie Mae's 40-year mortgage pilot:

Spokane Teachers Credit Union Provides $4.37 Million in Financing for Historic Building

Fair Isaac Launches MyFICO.Com Loan Comparison Service

Recommended Just For You

Lending Stories

CU West Mortgage Celebrates Three Milestones

Refi Levels Drop in Fourth Quarter 2003, but Share of Refinancings Taking Cash Out Increases

HUD to Sell Up to 4,000 Homes in Two-day Internet Auction

Treasury Secretary to Testify on GSE Regulation

St. Joseph's CU Puts Members in Touch with MortgageClickT

Senate Banking Committee Plans Fannie, Freddie Hearing

Amarillo Community FCU Partners with Irwin Mortgage for Home Financing