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WASHINGTON—Fannie Mae has expanded offerings for low downpayment loans for first-time homebuyers, and is accepting applications immediately for borrowers with FICO credit scores as low as 620.

DUBLIN, Ireland—This country’s Central Bank plans to introduce a series of proposed rules for credit unions aimed at addressing reserves, liquidity and savings. The objective is to improve the bottom lines of Ireland’s credit unions, which have experienced significant losses over the past six years.

WASHINGTON—Despite numerous predictions from housing market experts and economists that mortgage rates will rise in 2015, fewer consumers now agree.

DES MOINES, Iowa—As part of a multi-stage brand integration strategy, the SHAZAM Network said it is retiring the Cardinal Software logo.

CUToday.info ran an article recently that focused on reasons why some credit unions aren’t growing.  The piece cited a CUNA Mutual report which found that credit unions with assets greater than $1-billion reported membership growth of 6.3%, while credit unions with assets less than $20 million showed membership declining by 1.6%.

ALEXANDRIA, Va.–NCUA is reminding that it will be hosting a webinar on Dec. 17 titled, “Best Practices for Strong Internal Controls” that will be hosted by its Office of Small Credit Union Initiatives.

ORLANDO, Fla.—The $40-million Darden Employees Credit Union here said it plans to merge into University of South Florida FCU, Tampa, to create a $480-million combined institution.

LAKE FOREST, Ill.—In a change from what is usually the case, the Federal Reserve has created a “distinct advantage” for credit unions and smaller banks with a new policy on business checking accounts, according to one analyst.

JACKSON, Mich. — Employees at American 1 Credit Union here put their own spin on Black Friday by rewarding people with cash for shopping locally.

RANCHO CUCAMONGA, Calif.—As year-end approaches, CO-OP Financial Services has unveiled what it considers to be the Top 14 Stories of 2014.