Alaska USA Federal Credit Union, Anchorage, Alaska, announced promotions to its executive management team. Geoff Lundfelt has been promoted to chief operations officer. Lundfelt has held a variety of increasingly responsible positions during his 15 years with Alaska USA, most recently serving as executive director of retail financial services. Lundfelt...
President's new plan resembles Senate measure to wind down Fannie and Freddie.
From East and West, Midwest and South, credit union people in the news.
The House Financial Services Committee passed the Protecting American Taxpayers and Homeowners Act July 24 by a vote of 30-27.
House panel passes measure to eliminate Fannie Mae and Freddie Mac, largely privatize secondary mortgage market.
Democrats fail to add amendments to GSE bill after arguments over house prices.
A housing finance reform bill unveiled by House Republicans July 11 would wind down Fannie Mae and Freddie Mac and also contains a number of regulatory relief provisions, including tweaks to the CFPB’s qualified mortgage rule and exam reform.
Hampel will appear at first hearing on Senate GSE Reform legislation.
GOP panel members anxious to move measure along while Democrats ask to wait until after recess to allow public input.
WASHINGTON — NCUA Board hopeful Richard Metsger’s nomination was unanimously approved Thursday morning by the Senate Banking Committee.