House panel passes measure to eliminate Fannie Mae and Freddie Mac, largely privatize secondary mortgage market.
Hampel will appear at first hearing on Senate GSE Reform legislation.
WASHINGTON — NCUA Board hopeful Richard Metsger’s nomination was unanimously approved Thursday morning by the Senate Banking Committee.
Quorum failure delays NCUA Board nominee, and FHFA nominee, votes until at least Thursday.
The Senate Banking Committee has scheduled a July 16 closed session to vote on six nominees, including NCUA Board hopeful Richard Metsger.
During his June 27 confirmation hearing, NCUA Board nominee Richard Metsger dodged what might have been his most controversial question. Is raising the member business lending cap a good idea?
WASHINGTON — Federal Housing Finance Agency nominee explains position at confirmation hearing.
WASHINGTON — NCUA Board nominee speaks on first credit union loan, financial crisis lessons.
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.
Senate gets measure Tuesday that would shut down Fannie Mae, Freddie Mac and FHFA within five years and create new corporation similar to FDIC.