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NAFCU: The credit union perspective on housing finance reform

Housing Finance at Credit Unions - NAFCU Services Video Ad 4 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.

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.

This is the IMF’s Press Conference. I am very pleased that we have with us this morning the Managing Director, Madame Christine Lagarde. to China in relation to credit growth, in particular, and to.

and as an independent director of Cole Credit Property Trust V, Inc., a non-listed real estate investment trust. "Marc is a terrific addition to our Board and brings extensive real estate and finance.

Housing finance reform. This month, NAFCU testified for the 12th time during the 115th Congress, offering credit unions’ perspective on housing finance reform. nafcu witness Rick Stafford stressed the importance of credit unions’ unfettered access to the secondary mortgage market and need for affordable housing options to members of the.

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NAFCU witness Rick Stafford, president and CEO of Tower Federal Credit Union (Laurel, Md.), will share with lawmakers credit unions’ priorities and concerns with a bipartisan housing finance.

Existing-home sales plummet 15.3% in May With the housing tax credit effectively gone on April 30, analysts and industry watchers had expected fewer new-home sales in May. But they didn’t expect a record-breaking low seasonally.

As talks surrounding housing finance reform persist, the National Association of Federally-Insured Credit Unions published its own thoughts on the matter to ensure the safety of the credit union system in whatever reform is ultimately implemented. While the paper is not an official proposal for GSE reform, it suggests

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The proposal put forward recently by Senators Tim Johnson, Democrat from South Dakota, and Michael Crapo, Republican from Idaho, who lead the Senate banking committee, would bring about a housing.

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NAFCU released its Housing Finance Reform Principles in June 2017. o NAFCU supports reform efforts that guarantee credit unions unfettered access to the secondary mortgage market and pricing based on loan quality not volume of loans. NAFCU has been working with the administration to find solutions.

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