A new Senate plan would insure and regulate mortgage backed securities like credit union deposits.
CUNA economist on panel of industry experts selected by Rep. Maxine Waters (D-Calif.) to discuss finance reform legislation.
CUNA Chief Economist Bill Hampel will be among panelists at a congressional discussion on plans to reform the secondary mortgage market.
The reform of the secondary mortgage market in the U.S. is like a very slow-moving train.
NAFCU and CUNA are urging lawmakers to ensure that there is some federal guarantee of a secondary mortgage market but differ on means.