Bill introduced Thursday by Rep. Ed Royce (R-Calif.) excludes 1- to 4-family residence loans from MBL cap.
A new Senate plan would insure and regulate mortgage backed securities like credit union deposits.
A number of Congressional credit union supporters took to the stage on GAC's final day.
U.S. Rep. Gary Miller (R-Calif.) has announced he plans to retire from Congress at the end of his current term.
With less than a year to go before the 2014 midterm elections, credit union trade organizations are focusing their attention on key Senate races.
CUNA and NAFCU both throw their support behind credit union supporters like Sen. Mark Udall (D-Colo.) and Sen. Mitch McConnell (R-Ky.).
Long-time credit union supporter will return home to Southern California where he is raising his grandchildren.
"While there has been substantial job creation, we have further to go," new Fed chairwoman tells House Financial Services Committee.
Legislation that would delay flood insurance rate hikes unlikely to pass in the House as written.
The Republican-led House Financial Services Committee grilled the CFPB director on building renovations.