Northwestern Financial Review

Issue Date: 05/15/2008

In This Issue


1. First Muslim credit union may open in Minneapolis Minneapolis will be home to the nation's first Muslim credit union, if plans formulated by the African Chamber of Commerce unfold as anticipated. The African ... (PERIODICAL ARTICLE) 2. Foreclosure prevention group says more work is needed As of the end of January, the Hope Now Alliance of organizations working to mitigate home mortgage foreclosures has "not yet made a major difference ... (PERIODICAL ARTICLE) 3. Uniformity would boost market for CDFI loans Finance professionals can learn from the subprime mortgage debacle as they work to strengthen the secondary market for community development loans, said Randall S. Kroszner, ... (PERIODICAL ARTICLE) 4. Chicago Home Loan Bank to stop buying mortgages The Federal Home Loan Bank of Chicago is seeking third-party investors to purchase mortgage loans from its member banks after July 31. The bank announced ... (PERIODICAL ARTICLE) 5. OUT OF OPTIONS HEADNOTE Bankers advised to pay close attention to ag sector as price volatility brings new challenges Debbie Borg and her husband, Terry, operate a farm ... (PERIODICAL ARTICLE) 6. Fed lowers rate, considers paying interest on reserves The Federal Open Market Committee lowered the federal funds rate by 25 basis points to 2 percent, the lowest since November 2004. The rate has ... (PERIODICAL ARTICLE) 7. Human Capital Will your people go the extra mile? Managers are accelerating efforts to leverage the crucial link between people performance and financial performance. According to a study of financial officers by Robert Half ... (PERIODICAL ARTICLE) 8. Economy slowing, but still growing The U.S. Commerce Department announced GDP growth of 0.6 percent in the first quarter of 2008. It was the same rate of growth as reported ... (PERIODICAL ARTICLE) 9. Housing businesses The situation in the housing market gives municipalities impetus to update their land use zoning rules. More homes are sitting vacant today than in years. (PERIODICAL ARTICLE) 10. Inspired by former NFL player HEADNOTE Banker completes triathlon, raises money for MD John DeDoncker, president and CEO of THE National Bank in Bettendorf, Iowa, completed the Ford Ironman Arizona ... (PERIODICAL ARTICLE)
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