Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
TruMark CEO speaks for CUs at state House committee
HARRISBURG, Pa. (9/22/08)--TruMark Financial CU CEO Rick Stipa before the Pennsylvania House Commerce Committee about a proposal regarding mortgage conciliation meetings.
TruMark Financial CU CEO Rick Stipa testifies during a hearing on a proposal regarding mortgage conciliation meetings. His credit union already participates in such meetings, he said, adding that the proposal should be amended. (Photo provided by the Pennsylvania Credit Union Association)
He testified on behalf of Pennsylvania credit unions and the Pennsylvania Credit Union Association. The proposal would require lenders seeking court approval of a mortgage foreclosure to participate in a conciliation conference with the homeowner to explore restructuring the loan as well as the borrowers’ eligibility for state, federal and local mortgage foreclosure programs (Life is a Highway Sept. 19). Stipa requested that the proposal be amended to clarify the process. TruMark, Trevose, Pa., already participates in conciliation conferences, according to Stipa. “This is the credit union way. This is what credit unions do. We reach out to our members,” he said.


RSS





print
News Now LiveWire
Matz: Revised @TheNCUA #RBC rule for #creditunions 2 B unveiled 1/15/15, 90-day comment period to follow #newsnow http://t.co/qABhvghSTU
13 hours ago
Just announced: @TheNCUA board will consider a revised risk-based capital rule at its Jan 15 mtg. See #NewsNow Monday for more info.
14 hours ago
Nearing one-yr anniversary of data breach, @Target asks for class action suits to be dismissed via @BloombergNews http://t.co/kra6kupd35
16 hours ago
.@PeoplesTrustFCU has been recognized with the Juntos Avanzamos designation by @Cornerstone_CUL for its service to the Hispanic community
16 hours ago
#NewsNow: Rep. Hensarling names #HFSC subcommittee chairs. http://t.co/dXAMZdpn1p
16 hours ago