NAFCU: The credit union perspective on housing finance reform

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NAFCU set to testify on housing finance reform | NAFCU – NAFCU witness Rick Stafford, president and CEO of Tower Federal Credit Union (Laurel, Md.), will share with lawmakers credit unions'.

PDF Testimony of Richard Stafford President/CEO Tower Federal. – to help ensure that credit unions are treated fairly during any housing finance reform process. The following are NAFCU’s housing finance reform principles: A healthy, sustainable and viable secondary mortgage market must be maintained.

The Fate of Fannie and Freddie – – On Friday, the House Financial Services Committee held a hearing to discuss and assess the impact of the Bipartisan Housing Finance Reform Act of 2018 (discussion draft) that was released for.

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nafcu Proposed HMDA changes could offer ‘broad-based relief’ to credit unions The industry has long complained that gathering the data is confusing and costly but two plans issued by the CFPB could help lighten the burden for a significant portion of credit unions.

Alf Young: Cashing in on state-owned banking – AS THE debate over reform continues. The bank offers cheap credit lines to state and local government agencies. There are low-interest loans for designated project finance. This public bank.

Housing Finance Reform Principles | NAFCU – This whitepaper highlights the credit union perspective of housing finance reform. We encourage you to read and share this resource to ensure the safety and.

Tower FCU CEO To Testify Before Congress On Housing Finance. – Rick Stafford, president and CEO of Tower Federal Credit Union, Laurel, Md., will testify on NAFCU’s behalf Wednesday delivering the credit union perspective on housing finance reform during a hearing held by a House Financial Services subcommittee.

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Credit unions defend tax exemption in meeting with Mnuchin. – NAFCU has called for the inclusion of an explicit government guarantee in any housing finance reform efforts as well as recapitalizing Fannie Mae and Freddie Mac. It has also favored loosening lending rules that would allow credit unions to make more business loans by doubling the business lending cap to 27.5%.

NAFCU set to testify on housing finance reform – CUInsight – This will be NAFCU’s 12th overall time testifying during the 115th Congress. Stafford also testified in October 2017 during a hearing on housing finance reform priorities before a House.