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Millions of Homeowners 'Underwater' on their Mortgages

By Staff Writer

Santa Ana, Calif. -- About 18%--7.62 million--of the nation's homes with a mortgage are underwater, according to a study released today by First American CoreLogic.

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NCUA to Send FCUs Red Flags Checklist

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Amid Bank Failures, Georgia League Mounts Ad Campaign

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October 31, 2008

Consumers Giving Mixed Signals on Gift Cards

ARLINGTON, Va. -- Consumers are sending mixed signals about their intentions to use gift cards this coming holiday season, indicating that they are still interested in using the popular gift option but maybe not to the same degree as in previous years.

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October 31, 2008

NCUA Board Declines to Release Results of Special Closed Meeting

ALEXANDRIA, Va. -- The NCUA Board today held a special executive session to discuss a "supervisory" issue but declined to reveal the results.

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October 31, 2008

2008 Second Highest Year Ever for SEC Enforcement Actions

WASHINGTON -- The Securities and Exchange Commission said the second-highest number of enforcement actions in agency history took place in fiscal year 2008 with the agency returning more than $1 billion to harmed investors.

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October 31, 2008

CUs Can Offer Brokers Stability, 'Higher Quality of Life'

SAN DIEGO -- Besides stability, credit unions may be able to provide brokers looking for an industry change with a higher quality of life, one investment firm executive offered.

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October 31, 2008

Like Arizona, Ohio Has Nov. 4 Payday Referendum

COLUMBUS, Ohio -- Arizona is not alone in holding a referendum on payday loans next Tuesday but unlike the Grand Canyon state, the Ohio credit union lobby has largely taken a hands-off approach.

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October 31, 2008

Like Arizona, Ohio Has Nov. 4 Payday Referendum

COLUMBUS, Ohio -- Arizona is not alone in holding a referendum on payday loans next Tuesday but unlike the Grand Canyon state, the Ohio credit union lobby has largely taken a hands-off approach.

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October 31, 2008

CUs Real Estate Lending Stays Strong in September

MADISON, Wis. -- Credit unions maintained a strong level of real estate lending in September, along with increased year-to-date loan growth compared with last year's pace.

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Top News Stories

Millions of Homeowners 'Underwater' on their Mortgages

NCUA to Send FCUs Red Flags Checklist

Amid Bank Failures, Georgia League Mounts Ad Campaign

Recommended Just For You

News Stories

Consumers Giving Mixed Signals on Gift Cards

NCUA Board Declines to Release Results of Special Closed Meeting

2008 Second Highest Year Ever for SEC Enforcement Actions

CUs Can Offer Brokers Stability, 'Higher Quality of Life'

Like Arizona, Ohio Has Nov. 4 Payday Referendum

Like Arizona, Ohio Has Nov. 4 Payday Referendum

CUs Real Estate Lending Stays Strong in September