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Inside Washington (02/20/2009)
* WASHINGTON (2/23/09)--National Credit Union Administration (NCUA) Chairman Michael E. Fryzel commended President Barack Obama’s Homeowner Affordability and Stability plan as a step forward to assist struggling homeowners. “The plan breaks new ground in several important respects, and puts more resources toward helping borrowers with refinancing options,” Fryzel said. “And I am gratified to note its similarities to the CU Homeowners Affordability Relief Program, such as the refinancing feature and focus on owner-occupied, non-speculator mortgage holders.” Fryzel encouraged credit unions to focus on helping their members use the mitigation efforts. “This pro-consumer focus is a natural fit for the credit union industry,” he concluded ... * WASHINGTON (2/23/09)--The National Credit Union Administration issued a regulatory alert stating that the Federal Emergency Management Agency has released a revised Standard Flood Determination Form. The


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