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MBA backs restarting multifamily mortgage insurance program

By Staff Writer

WASHINGTON - The Mortgage Bankers Association has urged the Senate to approve legislation that will restart the Federal Housing Administration's multifamily mortgage insurance program. According to the MBA, the program would encourage the development of more that 50,000 rental units in 33 states and the District of Columbia. The Senate...

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Conn.SCCU approved to expand FOM to include New Haven County

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Colorado Central CU's FOM expansion app to be considered

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July 10, 2001

Mills kicks off NAFCU's Annual Conference & Exhibition

Jim Mills, president/CEO of Three Rivers FCU, Fort Wayne, Indiana, will officially open his first NAFCU Annual Conference and Exhibition as chairman here in Orlando. Mills took over for outgoing chair Ron Keeler, retired president/CEO of Lockheed FCU, at the close of last year's Annual Conference and Exhibition in Hawaii.

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July 10, 2001

Texas CUs continue FOM expansions

AUSTIN, Texas - Credit unions in the Lonestar State continue to reach out to broaden their field-of-membership. Among the most recent applications received by the Credit Union Division: * Fort Worth Community Credit Union (formerly known as Fort Worth FCU), has applied to serve all of Tarrant County, one of...

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July 10, 2001

WOCCU leads way for comments on new international financial Accords from BIS

BASEL Switzerland - Several U.S. credit unions and international credit union organizations, plus the World Council of Credit Unions (WOCCU) have sent their comments to the Bank of International Settlement (BIS) of the new steps in the Basel Capital Accord. The Accord was originally supposed to be published by the...

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July 10, 2001

CU bills await NY governor's signature

ALBANY, N.Y. - Legislation that would enact a revised Article 9 of the Uniform Commercial Code (UCC) and bring New York State up to par with other states is among the bills waiting Gov. George Pataki's signature. The revised UCC Article 9 creates a new statewide system for filing of...

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July 10, 2001

New WOCCU Board hails from four corners of the world

MADISON, Wis. - If you cover the world as the World Council of Credit Unions (WOCCU) does, then it makes good sense to have representation from around the world. In the past, the WOCCU Board was heavily weighted by U.S. membership, although there were other countries on the board. That...

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July 03, 2001

Special Report: Mortgages/Lending/Member Business Loans

Only a handful of credit unions are involved with member business lending, but for those that make MBLs, and for their members, it's an opportunity to receive funding from loans they wouldn't be able to receive elsewhere. Read about how some CUs are participating in MBLs and other mortgage news...

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July 03, 2001

GE Mortgage Insurance rolls out Homebuyer Privileges program

RALEIGH, N.C. - GE Mortgage Insurance, a unit of GE Capital Mortgage Corp., a subsidiary of GE Capital is touting that its new "Homebuyer PrivilegesT" provides qualified borrowers through participating lenders with access to savings that could total $750 to $1,500 on home-related products and services provided by GE businesses...

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Top News Stories

MBA backs restarting multifamily mortgage insurance program

Conn.SCCU approved to expand FOM to include New Haven County

Colorado Central CU's FOM expansion app to be considered

Recommended Just For You

News Stories

Mills kicks off NAFCU's Annual Conference & Exhibition

Texas CUs continue FOM expansions

WOCCU leads way for comments on new international financial Accords from BIS

CU bills await NY governor's signature

New WOCCU Board hails from four corners of the world

Special Report: Mortgages/Lending/Member Business Loans

GE Mortgage Insurance rolls out Homebuyer Privileges program