Proposal requiring member FIs to maintain 10% of assets in residential mortgages is unpopular.
Rule would require 10% of credit union assets in residential mortgages to stay in Federal Home Loan Bank system.
Senate rules change paved way for Watt's confirmation after Republicans had vowed to block a vote.
North Carolina congressman's nomination to FHFA top spot prompts careful comments from trades.
The disagreement between financial institutions and regulators over changes in the exam process may not be resolved on Capitol Hill any time soon.