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WASHINGTON - The Mortgage Bankers Association introduced a new consumer Web site - Home Loan Learning Center (www.homeloanlearningcenter.com) that provides consumers with comprehensive information in an easy format on all aspects of homebuying and homeownership. Topics on the site include understanding the basics of homebuying, such as the importance of...

SANTA ANA, Calif. - Having completed two credit union mergers already this year, Orange County's Credit Union is continuing to expand with plans to take over another financial institution possibly before the end of the year. The latest completed merger was with Verizon Employees Federal Credit Union of Los Alamitos,...

ARLINGTON, Va. - In the weeks after Wal-Mart agreed to again accept MasterCard's debit card, credit union MasterCard issuers have been evaluating the impact the singular card dispute had on their interchange and card operations. Wal-Mart, the nation's largest retailer, stopped accepting MasterCard's debit card for transactions which cardholders validated...

ST. PETERSBURG, Fla. - Three credit unions have recently signed agreements that either continue their relationships with PSCU Financial Services or start new ones. The $199 million Southeast Financial Credit Union, headquartered in Nashville, Tennessee, and the $135 million COMSTAR FCU, headquartered in Clarksburg, Maryland both renewed their agreements with...

WASHINGTON - Credit unions and other lenders are now required to report loan origination fees and capitalized interest for qualified education loans made on or after Sept. 1, 2004. According to Internal Revenue Code 6050S, a credit union must provide a member-borrower with IRS Form 1098-E (Student Loan Interest Statement)...

SAN ANTONIO, Texas - I Love Lucy fans will be able to show off their affection for the comedy series with a new check design from Clarke American. The company's new I Love Lucy products include a five-scene check series, a three-scene return address label series, and a coordinating leather...

NEW YORK - Last July, the National Association of Securities Dealers instituted a mandatory system requiring its members to report market transactions for certain over-the-counter fixed-income securities, which then could be disseminated into the marketplace through Trade Reporting and Compliance Engine (TRACE). A year later, some challenges still remain, reports...

ARLINGTON, Va. - Carolyn Bailey, an internationally recognized expert in board leadership and management theory and president of Bailey Associates will speak to attendees at the NASCUS 39th Annual Conference and Symposium. The four-day conference will be held Sept. 12-15 in Albuquerque, N.M. Bailey will talk on the subject of...