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

CU System
Seventeen CUs servicing Treasurys HAMP plan
WASHINGTON (11/12/09)--Seventeen credit unions are participating in the Treasury Department’s Home Affordable Modification Program (HAMP). The program aims to help struggling homeowners by modifying their mortgages. As of Sept. 30, participating servicers performed 650,994 trial modifications, offered 919,965 trial period plans and sent about 2.78 million requests for financial information (MortgageOrb.com Nov. 11). Seventy-one lenders are participating in the program. Participating credit unions are:
* Bay FCU, Capitola, Calif.; * Central Florida Educators FCU, Orlando; * Jersey FCU, Cranford, N.J.; * DuPage CU, Naperville, Ill.; * Glass City FCU, Maumee, Ohio; * Great Lakes CU, Chicago; * IBM Southeast Employees FCU, Marietta, Ga.; * IC FCU, Fitchburg, Mass.; * Mission FCU, San Diego; * Oakland (Calif.) Municipal CU; * ORNL FCU, Oak Ridge, Tenn.; * Purdue Employees FCU, Lafayette, Ind.; * Schools Financial CU, Sacramento, Calif.; * SEFCU, Albany, N.Y.; * Stanford FCU, Palo Alto, Calif.; * Technology CU, San Jose, Calif.; and * Wescom Central CU, Pasadena, Calif.
DuPage CU and IC FCU are the most recent additions to HAMP’s list of servicers.
Other Resources

RSS





print
News Now LiveWire
Better economic & #CU conditions,leading to higher rates in '15,'16, will boost CU earnings, asset quality,capital http://t.co/rmJvi3MIpQ
1 hour ago
RT @CUNA: Today is the first day of #CUYouthMonth How is your #creditunion celebrating?
5 hours ago
New @FICO score metric expected this week, will include utility payments http://t.co/l0hGhilMqQ
6 hours ago
.@TheNCUA increased supplier diversity in 2014 by 49%, although NCUA’s workforce diversity levels declined slightly.
6 hours ago
Also from FFIEC today, council announces reappointments of Mary Hughes and Lauren Kingry to its State Liaison Committee. 2of2
6 hours ago