News

SAN FRANCISCO - The Federal Home Loan Bank here confirmed it has reduced some member credit lines.

SAN DIEGO -- As debt-strapped consumers make adjustments to their household spending habits, will credit union marketing messages also adjust? Will the industry return to its historical mantra of thrift?

WASHINGTON - Because of continuing concerns over access to student loans and stability in the student lending market, the U.S. Department of Education has announced that it is taking steps to ensure that students will be able to obtain

WASHINGTON -- The continuing woes of the economy in general and the housing industry in particular again took their toll on mortgage buyer Freddie Mac as it today reported that during the third quarter its revenues fell $25.3 billion.

WASHINGTON - Borrowers who have missed at least two mortgage payments could be eligible in a reduction in interest, under a proposal unveiled today by the FDIC.

WASHINGTON -- The sluggish economy prompted consumers to spend less. Or, when the going gets tough, apparently the tough don't shop.