Bill would slow rate of increase in NFIP premiums in areas that had been declared disasters.
Navy Federal, NASA FCU have different philosophies, same approach to dealing with risk from mortgage loans with no down payments.
The Federal Housing Finance Agency, the regulator and manager of government-owned Fannie Mae and Freddie Mac, is poised to start to restructure the secondary mortgage market whether credit unions, banks or legislators are ready or not.
An executive whose previous firm advised homeowners looking to walk away from their mortgages says credit unions and other financial institutions should consider many of those same homeowners as potential new mortgage borrowers.
House subcommittee chair blames "bad mortgages" in comments at hearing on government-sponsored enterprises.
Founder of YouWalkAway.com says 100-point hit in credit score expectable but can be overcome by long positive payment histories.
Panel to discuss how government policy at Fannie and Freddie played role in housing collapse and financial crisis.
Two secondary mortgage giants will begin work on their replacement.
Despite what almost everyone agrees is the deep importance of the topic, credit unions have become largely ambivalent about reforming the secondary mortgage market and uncertain about potentially disrupting a system which seems to be working well, according to executives with credit union organizations familiar with the issue.
NCUA Inspector General William DeSarno told House Oversight and Government Reform Chairman Darrell Issa (R-Calif.) in a letter that amounts paid to attorneys working under contingency contracts on securities fraud suits are reasonable and are not unnecessarily high.