News

Praising his "temperament, his courage, and his creativity," President Obama today announced he is reappointing Ben S. Bernanke as chairman of the Federal Reserve Board.

CMG Mortgage Insurance is emphasizing that a recent move by the Federal Home Loan Bank of Boston to stop buying some mortgage loans with primary insurance from CMG MI affects only a very limited number of loans.

Deborah Matz was sworn today as NCUA chairman in a private ceremony at the agency's headquarters in Alexandria, Va.

Standard and Poor's July 29 downgrade of CUNA Mutual Group Mortgage Insurance Company led in part to the Federal Home Loan Bank of Boston's decision to stop buying mortgages that have their primary insurance with CMG MI.

An effort by the $1.8 billion HarborOne Credit Union to serve underserved and immigrant communities gained the credit union the 2010 Herb Wegner Award for Outstanding Organization from the National Credit Union Foundation.

Wings Financial Federal Credit Union has asked its members to vote on converting to a state-chartered credit union because of concerns it has with a significant drop in employment in the air transportation industry.