Lending

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...

TUKWILA, Wash. - Prime Alliance Solutions didn't let a little thing like the market's transition from a record-setting refinance boom to a purchase market, and a slow down in the overall market slow down its business in 2005. The company came through the year setting a new record for itself...

WASHINGTON - Senate Banking Committee Chairman Richard Shelby (R-Ala.) released the 2006 tentative agenda for the Committee on Jan. 31, and the tentative agenda states that the Committee intends to continue its efforts to seek a consensus to move a strong GSE regulatory reform bill through the Senate. According to...

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...

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...

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,...