Lending

PHOENIX -- Joined by a coalition of consumer groups, the Arizona Credit Union System said this week it is stepping up its lobbying activities to defeat a well-financed campaign by payday lenders to adopt enabling legislation on the Nov. 4 ballot.

MCCLEAN, Va. -- Freddie Mac has ordered servicers to suspend foreclosures on properties with Freddie Mac-owned mortgages in areas declared a disaster because of damage caused by Hurricane Ike in Texas and Louisiana.

WASHINGTON -- Fannie Mae has forgiven the mortgage and canceled the foreclosure scheduled for an elderly Ohio woman who allegedly shot herself as law enforcement officials tried to serve eviction papers.

WASHINGTON -- Over 25% of mortgage delinquencies and foreclosures involve seniors, AARP has found. And, older homeowners with subprime mortgages are 17 times more likely to end up in foreclosure than their peers with prime mortgages.

WASHINGTON -- Over 25% of mortgage delinquencies and foreclosures involve seniors, AARP has found. And, older homeowners with subprime mortgages are 17 times more likely to end up in foreclosure than their peers with prime mortgages.

LAS VEGAS -- Not only does an entirely paperless mortgage department make members happy, it also makes sense come budget time.