MCLEAN, Va. - Nearly half - 45% - of loans owned by Freddie Mac that were refinanced in the fourth quarter 2003 resulted in new mortgages at least 5% higher in amount than the original mortgages. This compares, Freddie Mac's quarterly refinance review shows, to an upwardly adjusted 34% of...

SAN ANTONIO - Firstmark Credit Union has launched its first Educator's Scholarship program. Designed with full-time Kindergarten through 12th grade teachers in mind, Firstmark CU will award 10 scholarships of $500 each. The scholarship is open to both public and private school educators. "We know that teachers always need more...

When it comes to credit union CEOs' extended furry family - once was not enough. Last year in the special NAFCU Annual Conference issue (July 23, 2003), Credit Union Times featured CEOs and their pets. Since then other CEOs have volunteered info on their animals, so here's another edition of...

ULAANBAATAR, Mongolia -If Genghis Khan was alive today, he might deposit his pillage in his local credit union thanks to a joint project between the Canadian Co-operative Association (CCA) and the Asian Development Bank (ADB). The project, agreed to in November, extends an ongoing CCA project. Four pilot rural provinces...