News

ATLANTA - The Women Presidents' Organization and Entrepreneur magazine have named design-build firm IBT Holdings one of the top 50 fastest-growing women-owned or led privately owned businesses in North America.

WASHINGTON -- NCUA Chairman Michael E. Fryzel said today his agency plans to tap the central liquidity fund to provide credit unions with funds so they can provide lower mortgage rates.

WASHINGTON - U.S. Senator Dick Durbin (D-Ill.) introduced legislation yesterday that would allow bankruptcy judges to modify the terms of troubled mortgages on primary residences.

WASHINGTON - Credit unions in New Jersey would be allowed to accept deposits from cities and townships, if the No. 2 Democrat in the state Senate gets his way.

WARRENVILLE, Ill. - The new 529 college savings plan of the State of Wisconsin can serve as an industry model across the U.S., Members United Corporate FCU, the placement agent, forecast Tuesday.

LAS VEGAS - Credit unions made a little bit of progress at last week's National Association of Realtors convention, but American Credit Union Mortgage Association President Bob Dorsa said he's frustrated with the industry's image among Realtors.