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ALEXANDRIA, Va.-NCUA recently launched its new Express e-mail service, which will allow credit unions to obtain information from the agency faster and direct it to the right people. "Express was designed to be a resourceful tool for expediting information and will enhance the agency's communications with credit unions," NCUA Chairman...

How are CUs dealing with the changing mortgage rate and lending environment? Turn to pages 20-24 to learn how and read other CU-related mortgage news.

WASHINGTON - Despite record-low mortgage rates and an overall rise in the U.S. homeownership rate, findings from a recently released study show homeownership rates for low- and moderate-income working families have declined since the late 1970s. The paper, "Working Families with Children: A Closer Look at Homeownership Trends, May 2004"...

HAYWARD, Wis. - A course in financial literacy may soon figure in loan decision-making at a tiny Indian credit union which said it has been conducting free seminars on money management and budgeting for both members and non-members. "We have been discussing the idea of using the course as a...

CHULA VISTA, Calif. - Record low rates made 2003 a bountiful year for mortgages for credit unions and other lenders. For North Island CU, the year was not only good for the CU's mortgage portfolio, but NICU managed to do that while maintaining a majority of the mortgages it processed...

ALEXANDRIA, Va. - NCUA is hoping that several clarifications of its member business lending rules will encourage more credit union participation in the Small Business Administration's SBA 7(a) business lending program In a May 20 opinion letter to the SBA, NCUA addressed a number of critical areas. Regarding the 12-year...

WASHINGTON-Senator Daniel Akaka (D-Hawaii) is juggling two bills in the Senate right now that have a potential impact on credit unions. On May 19, the Senate passed H.R. 1528, the Tax Administration Good Government Act, after first stripping the House-passed language and inserting its own. The text of H.R. 1528...

WASHINGTON - The District of Columbia Credit Union League, through its community involvement committee, has helped make a child's hospital stay a little bit brighter. The league has recently raised $10,000 to transform two blank white walls in the operating room waiting area of Children's National Medical Center into colorful...