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New Home Sales Down in November

By Claude R. Marx

WASHINGTON -- Sales of new homes fell 2.9% in November, and were 35% below the levels of November 2007, the Commerce Department reported today.

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Economy Continues to Falter

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Grassley to OTS: Supervise, Don't Conspire

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Regulatory & Compliance Stories

December 22, 2008

Agencies Offer Brochure on Identity Theft

WASHINGTON -- Credit unions and their members looking for information on how to avoid having one's identity stolen can download a copy of the brochure You Have the Power to Stop Identity Theft from NCUA's Web site.

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December 21, 2008

Biden to Lead Administration's Focus on the Middle Class

WASHINGTON -- Vice President-elect Joseph Biden will chair a task force to come up with policies aimed at improving the conditions of the nation's middle class, the transition team announced yesterday.

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December 18, 2008

Automakers Get $17.4 Billion Lifeline

WASHINGTON - The struggling domestic automatic industry received a temporary reprieve today when the Bush administration announced a $17.4 billion loan package.

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December 18, 2008

NCUA Extends Deadline for CU HARP Applications

ALEXANDRIA, Va. - Credit unions wanting to apply for loans to help them rewrite mortgages of their low- and middle-income members now have until December 29 to do so.

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December 18, 2008

PA High Court OKs Belco Community Charter

WASHINGTON - The Pennsylvania Supreme Court ruled that Belco Community Credit Union can keep its community charter that allows it to recruit members in a seven-county area in Central Pennsylvania.

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December 18, 2008

Obama Nominates Karen Mills to Head SBA

WASHINGTON -- President-elect Barack Obama has nominated Karen Gordon Mills as the next administrator of the Small Business Administration.

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December 18, 2008

Obama Completes Cabinet

WASHINGTON - President-elect Barack Obama named the last members of his cabinet and several other top administration officials today, focusing on business policy and transportation positions.

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