Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

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
Erie, Pa., Americo FCU CEO praises staff for actions during robbery http://t.co/yyhaPnDtXh
27 minutes ago
"Shreditorial" praises good deeds of @DannemoraFedCU http://t.co/06qKe0mhzR
28 minutes ago
.@icul survey touts value of #college education http://t.co/41yopLeWLe
33 minutes ago
.@CFPB releases advisory to help consumers see red flags of foreclosure relief scams, esp. in claims of legal help http://t.co/hEa7sNRduU
42 minutes ago
Separately, the @FTC is filing 6 lawsuits vs troubled mortgage relief scammers, and the states are taking 32 actions, release says.
45 minutes ago