The fight between the City of Richmond, Calif. and 624 mortgage lenders continues, as the city attempts to obtain the loans through eminent domain.
Eminent domain plan wins Richmond City Council approval but remains in limbo in face of state law.
New effort promises better pricing.
Legislative machinations over housing finance, expressions of credit union support and some personal touches marked NAFCU's caucus on Tuesday.
NAFCU session on Tuesday features back-and-forth as well as speeches.
More evidence has appeared suggesting housing finance loans purchased by Fannie Mae and Freddie Mac are poised to get a bit smaller.
Trade group says data show lending standards are tightening.
Several key lawmakers join roster rostrum for Congressional Caucus that kicks off Sunday.
NAFCU general counsel Carrie Hunt says she still sees "negative downstream effect" in proposed changes to qualified residential mortgage rules.
By the time next year rolls around, Truity Credit Union in Bartlesville, Okla., will be ready to comply with new mortgage loan requirements from the Consumer Financial Protection Bureau. Thanks to policies and procedures already in place, the final adjustments won’t likely be traumatic for the credit union.