Jerry Reed, chief lending officer from the $5.3 billion Alaska USA FCU, told lawmakers during a June 18 hearing on the Consumer Financial Protection Bureau’s qualified mortgage rule that products and product features were responsible for the mortgage market meltdown, not underwriting standards.
Veteran strategist, commentator to address trade group's annual political confab in September.
House Financial Services hearing features partisan back-and-forth over Fannie and Freddie.
NAFCU last week released its IRS 990 form for 2012, which reveals a significant increase in base salary from 2011 for President/CEO Fred Becker, as well as part of his retirement payout.
Base pay increase, retirement plan payout boost retiring trade CEO's bottom line.
Senior vice president now executive vice president.
Panel to take up housing finance reform with a focus on private investments.
North Carolina congressman's nomination to FHFA top spot prompts careful comments from trades.
Ever since Rep. Jeb Hensarling (R-Texas) and Rep. Maxine Waters (D-Calif.) were named the chairman and ranking member of the House Financial Services Committee late last year, Capitol Hill observers have waited for the two members of Congress and their polar opposite ideologies to clash publicly.
House, Senate both get measure that would create ombudsman outside NCUA.