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House Financial Services Committee to Hold Oversight Hearing on Fannie Mae Report

By Staff Writer

WASHINGTON -House Financial Services Committee Chairman Michael Oxley (R-Ohio) and Ranking Member Barney Frank (D-Mass.) have notified Fannie Mae that the Committee intends to conduct an oversight hearing on the findings of a soon-to-be-finished report by former U.S. Sen. Warren Rudman on the internal controls, governance, accounting, capital, organization and...

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Prime Alliance Solutions Sets New Record for Growth in 2005

Shelby to Continue to Push for GSE Regulatory Reform This Year, Hopeful for Passage

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Lending Stories

February 07, 2006

Freddie Mac Makes $40 Million in Mortgages Available to Mississippi Hurricane Victims

McLEAN, Va. - In what marks the first installment on Freddie Mac's commitment to fund up to $1 billion in below-market rate mortgages for storm recovery in Mississippi and Louisiana, the housing Government Sponsored Enterprise announced it is making $40 million available in low-cost mortgages to residents in Mississippi who...

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February 07, 2006

FHLB of Atlanta Provides $169,500 to Latino Community CU for Mortgages

DURHAM, N.C. - Latino Community CU, with the help of the Federal Home Loan Bank of Atlanta, has provided $169,500 in home mortgage aid to 34 low-income families. To qualify for the mortgage assistance, the member must use the purchased home as their primary residence. The funds are provided as...

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November 15, 2005

ESL FCU Helps Bring Issues for Women in Business to Forefront

ROCHESTER, N.Y. - On the agenda for the recent Rochester Women's Network Businesswoman's Conference were topics on everything from the city's economy to innovative ways to grow a business. On Nov. 1, the Rochester Women's Network held its 10th annual Businesswomen Conference, which was co-sponsored by $2.8 billion ESL FCU,...

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November 15, 2005

Delta Community CU Taps Member Business Solutions to Expand Biz Services Program

ATLANTA - To support its business services program, Delta Community Credit Union has aligned with Member Business Solutions, LLC. The $2.6 billion credit union, which changed its name from Delta Employees Credit Union in early October, said aligning with MBS was the right move. "Our expertise is in consumer and...

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November 15, 2005

Citing Strong Demand and Waning Residential Lending, Stanford FCU Expands into Construction Loans

PALO ALTO, Calif. - With its bustling university surroundings and amalgamation of wealth and real estate development, Palo Alto has reached its maturation point when it comes to home construction. That's part of the reason the $644 million Stanford Federal Credit Union (SFCU) has expanded its three-year business lending program...

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October 04, 2005

Third-Party Promotions May Be Mailed with Statements

ALEXANDRIA, Va.-Third party marketing materials can be sent out with a federal credit union's monthly account statement and newsletters. According to a legal opinion letter (05-0823) from NCUA Associate General Counsel Sheila Albin, mailing advertisements for third parties, such as an investment firm in this instance, is permissible as a...

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October 04, 2005

HUD Applauds Freddie Mac's Purchase of Loans in Hurricane-Affected Areas

MC LEAN, Va. - Saying "Freddie Mac's action will go a long way toward bringing critically needed capital into the Gulf Region," HUD Secretary Alphonso Jackson commended Freddie Mac's decision to purchase an estimated $300 million worth of single-family mortgages that were closed between June 1 and August 20 and...

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Lending

Top Lending Stories

House Financial Services Committee to Hold Oversight Hearing on Fannie Mae Report

Prime Alliance Solutions Sets New Record for Growth in 2005

Shelby to Continue to Push for GSE Regulatory Reform This Year, Hopeful for Passage

Recommended Just For You

Lending Stories

Freddie Mac Makes $40 Million in Mortgages Available to Mississippi Hurricane Victims

FHLB of Atlanta Provides $169,500 to Latino Community CU for Mortgages

ESL FCU Helps Bring Issues for Women in Business to Forefront

Delta Community CU Taps Member Business Solutions to Expand Biz Services Program

Citing Strong Demand and Waning Residential Lending, Stanford FCU Expands into Construction Loans

Third-Party Promotions May Be Mailed with Statements

HUD Applauds Freddie Mac's Purchase of Loans in Hurricane-Affected Areas