ALEXANDRIA, Va. - (09/20/04) -- Shiloh of Alexandria FCU willintroduce a mortgage lending program next week that will help its700 members buy their first homes. The mortgages will be providedthrough CU National Mortgage Corp., a subsidiary of U.S. MortgageCorp., and Fannie Mae has pledged to buy the mortgages made by the$1 million credit union. NCUA Board member Deborah Matz, who helpedorganize the program, as well as Alexandria Mayor William Euilleand Congressman James Moran, will help kick-off the program duringa ceremony Sept. 30 at Shiloh Baptist Church, the credit union'schief sponsor.
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Threat group ShinyHunters claimed responsibility for the attack, which reportedly targeted third-party platforms rather than Betterment's own systems.
February 6 -
Artificial intelligence developments are stoking investor fears about software companies. Banks' limited exposure to the sector and general stability is proving attractive to investors.
February 6 -
Prosperity Bancshares finalizes the second of three acquisitions it's announced since July; Sumitomo Mitsui Banking Corporation appoints a new chief information security officer for its American operations; Huntington Bancshares, Third Coast Bancshares and Heritage Financial completed acquisitions; and more in this week's banking news roundup.
February 6 -
Fintech and crypto groups said in comment letters to the Federal Reserve that the proposed "skinny" master account is too limited and could keep firms dependent on banks. Banking groups asked for more time to comment.
February 6 -
Federal Reserve Vice Chair Philip Jefferson said in a speech Friday that long-term productivity gains brought on by artificial intelligence could compel the central bank to maintain higher rates to keep prices stable.
February 6 -
While the e-commerce giant has deemphasized the technology, banks and payment firms are testing the biometric option.
February 6





