Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Mortgage Fraud Task Force gets CU perspective
ST. LOUIS (12/1/08)--Missouri's credit union leaders are involved in a newly formed U.S. Attorney's Task Force on Mortgage Fraud, according to the Missouri Credit Union Association (MCUA). MCUA President/CEO Rosie Holub and Missouri Division of Credit Unions Director Sandy Branson are providing a credit union perspective to help the task force prevent mortgage fraud. U.S. Attorney Catherine Hanaway announced the task force was being formed to share information and trends, so tools could be developed to help identify and prosecute in mortgage fraud incidents. The task force has three goals:
* Stopping mortgage fraud before it starts via educating industry officials, borrowers and local law enforcement; * Ensuring all fraud cases are brought to the attention of law enforcement and prosecutors; and * Making sure the voices of the community victimized by mortgage fraud are heard by the courts.
Holub will participate in the next task force meeting on Dec. 17 in St. Louis. The task force is made up of law enforcement officials, government regulators and real estate professionals.
Other Resources

RSS print
News Now LiveWire
.@mncreditunions' Mark Cummins shares CU difference with @KIMTNews3 http://t.co/gkarhZxDRF
23 minutes ago
.@LeagueofSECUs' brand campaign reaches 80M consumers #NewsNow #System http://t.co/yKmdYyXN2v
58 minutes ago
#NewsNow White paper from @CUNA Tech Council examines DDoS risk http://t.co/faMr9jnfzc
1 hours ago
#NewsNow: Fraud, theft, money laundering get CU employees banned from work. http://t.co/s0AQZ4LWbW
1 hours ago
.@FHFA Federal Housing Finance Agency has new director-Office of Minority/Women Inclusion.It's Sharron Levine,frmr FHFA assoc. gen. counsel
2 hours ago