WASHINGTON-In remarks to America's Community Bankers last week, Department of Housing and Urban Development Secretary Mel Martinez outlined a proposal to enhance homebuying opportunities through expanded FHA-backed adjustable-rate mortgage offerings. "By offering additional types of FHA-insured ARMs, tailored to the financial conditions and desires of the borrowers, we are creating...

ST. PAUL, Minn. - Three freshman state senators participated in a panel discussion at a joint meeting of the Archer Doig and River Cities Chapters last week and fielded a variety of questions from the 125-person audience, ranging from credit unions, to raising taxes, to conceal-and-carry legislation. Participating in the...

HOLYOKE, Mass. -CUMarketingDept.com, an online resource for credit union marketing professionals, said more than 1,000 credit union professionals are now participating in its online marketing discussion. Recent topics of discussion at the site include annual meeting themes, indirect auto lending philosophy, cross-selling incentives, justifying an MCIF, choosing a marketing agency,...

SAN DIEGO - USA Federal Credit Union takes training seriously. In 2002 staffers here logged over 10,000 hours of training - that is five times the hours spent in 2001. According to MaryAnn Pearce, USAFCU staff development trainer, the increase was the result of USA FCU University. The "university" training...