Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
Inside Washington (02/06/2008)
* WASHINGTON (2/7/08)--Robert Steel, Treasury undersecretary for domestic finance, expressed that he would be open to expanding the Hope Now alliance mandate if the interest-rate freezes do not help enough subprime borrowers with adjustable-rate mortgages (American Banker Feb. 6). Steel answered questions regarding the alliance during an American Securitization Forum conference in Las Vegas Tuesday and indicated the Treasury may consider additional foreclosure prevention … * WASHINGTON (2/7/08)--Senate Banking Committee Chairman Christopher Dodd (D-Conn.) was expected to meet with Federal Reserve Board Chairman Ben Bernanke yesterday to discuss the foreclosure crisis (American Banker Feb. 6). Dodd met with Treasury Secretary Henry Paulson Jan. 25 to discuss similar topics, and is scheduled to meet today with Federal Deposit Insurance Corp. Chairman Sheila Bair today regarding commercial ownership of industrial loan companies … * WASHINGTON (2/7/08)--Thirty small banks have been chosen by the Federal Deposit Insurance Corp. for a two-year pilot project regarding small-dollar lending products. The study aims to identify replicable small-dollar loan products can be used as payday loan alternatives. Participation in the study is voluntary. Best practices will be used as a resource for other financial institutions …


RSS





print
News Now LiveWire
Watching #SuperBowlXLIX this Sunday? Look for regional #creditunion #commercials @CltMetroCU @BECU @golden1cu #Seahawks #Patriots
12 hours ago
Philadelphia's American Bakery Workers FCU liquidated by @TheNCUA; @trumarkonline assumes shares
13 hours ago
More branch shutterings by @Citi: 4th-largest bank to close 10% of #Chicago area branches HT @CrainsChicago http://t.co/2vAvgucLY5
13 hours ago
56% struggle with subprime credit scores says @cfed survey HT @washingtonpost http://t.co/RHmMvuhNtw
14 hours ago
How to use social media for crisis communications Feb. 10 webinar from @SBAgov, @AgilityRecovery http://t.co/d16t8RHr7n
15 hours ago