News

SEATTLE - Real estate data tracking firm Zillow.com is the latest to put a dollar value on U.S. mortgage losses, reporting today that homes have lost an estimated $2 trillion in value this year.

CHICAGO -- Even as consumers began to significantly slow their spending, the amount of money Americans owe on their bankcards continued to rise, according to one of the leading credit bureaus.

WASHINGTON - NCUA is sponsoring an audio Webcast tomorrow to explain the agency's latest programs aimed at assisting credit unions.

LOS ANGELES - The Los Angeles Times reported today that home buying trips to America are quickly becoming one of the more popular tour packages for Chinese travelers.

AUGUSTA, Maine -- Mark Johnson, CEO of the Kennebec Savings Bank, has been elected to the board of the Independent Community Bankers of America.

WASHINGTON -- The Securities and Exchange Commission today charged Bernard L. Madoff Investment Securities LLC with securities fraud for a Ponzi scheme that has resulted in $17 billion in assets under management that is now missing.