Tiny CU Unveils MortgagePilot
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.