President Barack Obama laid out his initiative to reform the secondary mortgage market in a speech on Aug. 6 that trash talked Fannie Mae and Freddie Mac and voiced support for a Senate bill that would wind down the government sponsored enterprises and replace them with a mostly privatized system.
Letter to Credit Unions says agency will charge 2014 assessment and notes details about 2013 tab.
President rolls out his own plan to wind down Fannie and Freddie, a plan similar to Corker-Warner proposal in the Senate.
CUNA and the Chip Filson-led Co-Ops for Change may be singing off different song sheets, but the chorus is the same: The corporate assessment era should end.
Former Oregon State Sen. Rick Metsger now awaits being sworn in to fill seat left vacant by Gigi Hyland.
The next CU Water Cooler Symposium was the topic for CUbroadcast this week as online video talk show marks 200th episode.
This Opinion piece lays out why the credit union industry needs to capitalize on conditions now to drive membership.
A housing finance reform bill unveiled by House Republicans July 11 would wind down Fannie Mae and Freddie Mac and also contains a number of regulatory relief provisions, including tweaks to the CFPB’s qualified mortgage rule and exam reform.
Richard Cordray was confirmed as director of the Consumer Financial Protection Bureau July 16, after Senate Democrats and Republicans successfully negotiated a deal that includes other pending nominees and will keep filibuster rules in place.
WASHINGTON — Credit union leaders meet with lawmakers to push for expanding access to supplemental capital.