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The Pennsylvania League has taken major steps it says will make it more responsive and efficient. Read what they did on page 4.

MADISON, Wis. - Record low mortgage rates have buttressed continuing high demand for first mortgages and refinancings from members. They've also boosted the appreciation rate on property values. All this has been good news for credit unions' mortgage portfolios and for consumers looking to sell or refinance their homes, but...

TRENTON, N.J. - The "New Jersey Home Equity Protection Act" that concerns "the regulation of certain financial practices and prohibiting certain abusive and predatory lending practices" was introduced by state Sen. Gerald Cardinale (R-39) Nov. 14 and was referred to the state Senate Commerce Committee. Provisions of the bill, states...

NAPLES, Fla. - With mortgage rates hitting 36-year lows and continuing to fall, interest rate risk management has taken on new challenges for credit unions. What mortgage loans should CUs hold in their portfolio? Which ones should they sell on the secondary market? Are there other options? Robert Petersen, senior...

NAPLES, Fla. - Credit unions, like most lenders, benefited from the record-setting low mortgage rates over the past two years, but such good times can't last forever. Some economists are predicting mortgage rates will start going up in 2003, and credit unions should begin revisiting their mortgage strategies to be...

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