* WASHINGTON (3/18/08)--Rep. Keith Ellison (D-Minn.) yesterday joined Reps. Rahm Emanuel (D-Ill.) and Donald Payne (D-N.J.), state-elected officials and housing advocates to tour North Minneapolis areas devastated due to the foreclosure crisis. Following the tour, the delegation was scheduled to meet to discuss legislative and executive responses to the crisis ... * WASHINGTON (3/18/08)--The Treasury Department’s Community Development Financial Institutions (CDFI) Fund has announced the launch of a free e-mail subscription management service
. Designed “to keep the community development finance industry, the media and the public informed of news and important updates from the CDFI Fund,” the service is called CDFI Updates. It provides new information on topics ranging from: new press releases and speeches by CDFI Fund officials, to CDFI Fund’s programs, such as the opening of a new program round or an update to a Frequently Ask Questions document. It will also alert subscribers to the release of CDFI Fund publications, among other things…. * ALEXANDRIA, Va. (3/18/08)—The National Credit Union Administration (NCUA) has posted to its website the Frequently Asked Questions (FAQ)
that came out of board member Gigi Hyland’s “Key Examination Issues webinar” on Jan. 29. “I appreciate the high level of response and insightful questions asked during the Webinar, which will help credit unions remain informed on the most current safety and soundness issues, including effective risk assessment, planning, and due diligence relating to third-party vendors, which we addressed throughout this online discussion,” stated Hyland in announcing the FAQ’s online availability… *
WASHINGTON (3/18/08)--The largest delegation ever from Maine’s credit unions gathered with the state’s congressional delegation for the Maine Credit Union League (MCUL)’s annual breakfast on Capitol Hill March 4. Sens. Olympia Snowe (R) and Susan Collins (R), along with Rep. Michael Michaud (D) and an aide from Rep. Tom Allen (D)’s office attended the breakfast. All recognized Maine credit unions’ commitment to the financial well-being of Maine consumers and applauded the credit unions for being responsible lenders. From left are MCUL President John Murphy and Sen. Susan Collins (R-Maine) during the breakfast. (Photo provided by the Maine Credit Union League) ...