Dodd-Frank mandated tests, which include systemically catastrophic models, produce far worse results than FHFA's testing of Fannie and Freddie.
WASHINGTON — The Senate Banking Committee also delayed mark-up of the Corker-Warner GSE reform bill.
Credit unions and other mortgage lenders have observed slow mortgage demand for some months, but the Federal Housing Finance Agency said prices are on the uptick.
When it comes to homeownership, consumers desire financing options that are flexible and create financial stability.
Senate housing reform measure moving steadily forward.
Despite challenges, this report from the Filene Research Report, offered exclusively for CU Times readers, argues credit unions need to be in housing finance.
Regional price variances, low inventory and too many homeowners still underwater mean higher prices aren't resulting in big loan gains.
This Opinion piece advises on how, and why, to upgrade commercial loan closing practices at credit unions.
A new Senate plan would insure and regulate mortgage backed securities like credit union deposits.
Differences between the NCUA's risk-based proposal and Basel III requirements will make credit unions less competitive and less able to accumulate capital.