Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Inside Washington (12/09/2008)
* WASHINGTON (12/10/08)—Comptroller of the Currency John Dugan said this week that data from banks show that more than half of the borrowers who got loan modifications in the first three months of the year were again delinquent by 30 days just six months after their terms were changed. (The New York Times Dec. 9) Dugan said one had to be careful about drawing conclusions from the data and added it was not clear why the re-default rates were so high. He suggested that perhaps some loans are so poorly underwritten that no modification is sufficient to help the borrowers forestay foreclosure…


RSS print
News Now LiveWire
July 's Fed Bank's "FedFocus" has some interesting articles: incl cost/benefits of $1 currency 2 coin conversion ttp://tinyurl.com/nybmnhh
3 hours ago
Do you wish you were a News Now subscriber? Go here: http://t.co/7evfBSjeMx
3 hours ago
Financial education for student body key part of Altura #creditunion, UC-Riverside partnership #NewsNow http://t.co/Xp6OJd66o6
4 hours ago
.@VTcreditunions gains 200 new FB followers in just 2 wks to reach 1,000 http://t.co/I89xJcv4Jg
5 hours ago
.@CUNA is testifying on reg relief Tues,July 15 at 2 p.m. be4 Hs Fin Serv Subc. Here is the agenda and witness list: http://t.co/yBRhlmdqHt
7 hours ago