Lending

MCLEAN, Va. -- The 30-year fixed-rate mortgage averaged 6.04% for the week ending Oct. 23, down from last week when it averaged 6.46%.

DALLAS -- Richard M. Boyd, the real estate investor who bought the majority share of Texans Commercial Capital in 2007, has filed a suit against Texans Credit Union to recoup between $5 million-$10 million for allegedly breaching a contract involving branch leases.

WASHINGTON -- Twenty-eight Republican members of Congress have urged the Department of Justice to investigate Fannie Mae and Freddie Mac for mortgage fraud.

WASHINGTON -- Twenty-eight Republican members of Congress have urged the Department of Justice to investigate Fannie Mae and Freddie Mac for mortgage fraud.

PHOENIX -- The Arizona Credit Union System said Thursday it expects to have representation at a noon rally today on the state capitol grounds highlighted by a new call by state Attorney General Terry Goddard to defeat a ballot measure aiding the payday industry.

WASHINGTON -- Fewer than half of high school seniors surveyed know that the three nationwide consumer credit reporting companies are required to provide consumers with a free copy of their credit report, according to study conducted by the Jump$tart Coalition for Personal Financial Literacy.