WASHINGTON -- In the wake of an expected $1 billion loss by U.S. Central, the NCUA is infusing $1 billion into the troubled credit union and undertaking a series of efforts to shore up the corporate credit union system.

WASHINGTON - Sales of new homes fell 14.7% in December and were 44.8% below the levels of December 2007, the Commerce Department reported today.

WASHINGTON -- A credit union volunteer played a key role orchestrating the military's involvement while the political director of a trade association waited in line for four hours in subfreezing temperatures.

WASHINGTON -- Hurry up and wait. That's what credit unions are contending with when it comes to their top priorities in the new Congress and administration.

WASHINGTON -NCUA Chairman Michael E. Fryzel urged Treasury Secretary Timothy Geithner to find ways to establish guidelines for credit unions to access Troubled Asset Relief Program money.

WASHINGTON - The House Judiciary Committee yesterday approved a measure giving judges the power to reset the terms of mortgages for people in bankruptcy proceedings.

WASHINGTON -- It's not as alluring a topic as Michelle Obama's fashion choices nor does it resonate with the public like a tax bill, yet for credit unions and their advocates here there are few subjects

WASHINGTON - President Obama is today holding separate meetings with House and Senate Republicans to discuss their concerns and suggestions about the $825 billion economic stimulus bill working its way through Congress.