Measures would delay increases by perhaps four years if they gain passage.
Senate bill would delay NFIP-mandated increases except for second homes and businesses.
After almost 10 years covering credit union news, sometimes it seems the same topics come up over and over. Not this week, as new industry issues graced the front page of our paper.
Washington shutdown, risk-based capital, financial advisers all new topics of interest this week.
Two senators, two House members and Ginnie Mae executive added to September confab speaker list.
President rolls out his own plan to wind down Fannie and Freddie, a plan similar to Corker-Warner proposal in the Senate.
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.
GOP panel members anxious to move measure along while Democrats ask to wait until after recess to allow public input.
Trade group says it does have some concerns while California Democrat says bill is partisan ideology and another attack on middle class.
Ranking House Financial Services Committee member, 26 others express concern to FEMA over flood insurance affordability.