Regulatory & Compliance

WASHINGTON -- After months of partisan wrangling that included some key disagreements between Congress and the White House, the Senate is scheduled to vote tomorrow on the housing relief bill.

WASHINGTON -- The Senate could take up as early as today a House-passed version of the Housing relief bill.

WASHINGTON -- President Bush has dropped his opposition to the housing bill scheduled to be voted on in the House today, his press secretary said this morning.

DEARBORN, Mich. -- DFCU Financial Federal Credit Union headquartered here and Lansing, Mich., based CapCom Credit Union have plans to merge.

WASHINGTON -- At a time when the woes of other financial institutions are making lawmakers, regulators and some consumers nervous, CUNA President Dan Mica wrote to all members of Congress about the strong condition of credit unions.

WASHINGTON -- When the heads of 17 trade associations met Wednesday with top Senate Democrats to discuss political and legislative priorities, the credit unions were not represented.

PHILADELPHIA -- The U.S. Third Circuit Court in Philadelphia ruled in the favor of Pennsylvania State Employees Credit Union yesterday on an appeal the credit union made to a breach of contract claim against BJ's and Fifth Third Bank.

WASHINGTON -- In the wake of the severe conditions in the housing market, the Senate late Friday passed a measure aimed at providing relief to those affected by the subprime crisis in part by expanding the availability of government-insured mortgages.