WASHINGTON – The Federal Housing Administration has suspended its anti-flipping rules for another year to facilitate the financing and sales of newly renovated foreclosed properties.

WASHINGTON – The FDIC, which has seen nearly 100 banks fail during 2011, is projecting that figure may rise again in 2012.

ALEXANDRIA, Va. – NCUA has introduced two new websites, one dedicated to corporate credit union resolution costs, the other to its NCUA Guaranteed Notes program.

BOWLING GREEN, Ky. – Autotruck Federal Credit Union is dropping the “Federal” but not the “FCU” in its name.

ALBANY, N.Y. – SEFCU has made a $205,000 donation to a number of city/rescue missions throughout the Capital Region of New York.

CHICAGO – Although mortgage rates are at their lowest point in 40 years, a new analysis has found that nearly four-in-10 homes sold during 2011 have been purchased for cash.

CHICAGO – House prices fell 1.2% in October after falling 0.7% in September, according to new figures just released by Standard & Poor’s.

WEST PALM BEACH, Fla. – The combination of a stronger lending focus and leveraging more electronic services to drive efficiency are among the common areas of focus for CU leaders heading into 2012.

NEW YORK – A big player is taking steps to exit the banking business, while another is increasing its footprint.

KANSAS CITY, Mo. – Commerce Bankshares here has agreed to pay $18.3 million to settle a class action lawsuit over its overdraft fees.

MADISON, Wis. – Fred Johnson’s wish for the new year – credit unions keep pace with all the members Bank Transfer Day is bringing in.

ALEXANDRIA, Va. – NCUA has released the 2010 audited financial statements for the Temporary Corporate Credit Union Stabilization Fund, saying the statements received an unqualified or “clean” audit opinion from KPMG LLP.

WASHINGTON – The government for the District of Columbia has become the latest to consider moving its deposits out of Bank of America in favor of a smaller, locally based institution, but has yet to indicate if that might include credit unions.

WASHINGTON – The Obama Administration said it intends to nominate Jerome H. Powell and Jeremy C. Stein to fill the two remaining vacancies on the Federal Reserve Board.

SAN DIEGO – San Diego County Credit Union this morning will have its name attached to its second high-profile event here in two weeks.

WASHINGTON – Credit unions have less than a week to be in compliance with NCUA’s new rules for advertising share insurance coverage.

ARLINGTON, Va. – Home sales were up during November by 1.6% to 310,000 annualized units, and up 9.8% over one year earlier.

NEW YORK – New data released by the Conference Board finds that for the second month in a row consumer confidence has improved.

SAN FRANCISCO – Consumers closed out 2011 with less anxiety about the economy than at any time since the recession officially began in December 2007.

HINESVILLE, Ga.--Police have arrested a man who allegedly attempted to rob GeoVista Credit Union here on Christmas night.