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Fed to Issue Rules on Mortgage Applications

By Claude R. Marx

WASHINGTON -- Lenders would be barred from making loans without regard to a borrower's income and could not penalize people who pay their loans off early, according to regulations the Federal Reserve plans to issue next week.

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Fed to Issue Rules on Mortgage Applications

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July 08, 2008

Fannie and Freddie Woes Raise Concerns About Housing Market

WASHINGTON -- Fears that the woes of the housing industry are not over were triggered Monday when shares of Fannie Mae and Freddie Mac fell to their lowest levels in 14 years.

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July 08, 2008

Alabama CU's Debit Card Wins Design Award

MONTGOMERY, Ala. -- The Alabama State Employees Credit Union's new ClearCheck see-through debit card has won a top honor from the International Card Manufacturers Association.

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July 07, 2008