From East and West, Midwest and South, credit union people in the news.
The $376 million People’s Credit Union of Middleton, R.I. appointed John T. Knierim to the position of executive vice president/chief financial officer. Knierim was previously employed as senior vice president and chief financial officer at the $1.1 billion Greylock Federal Credit Union in Pittsfield, Mass. Prior to Greylock, he was...
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.
Bill rolled out by House GOP last week would eliminate Fannie and Freddie and modify qualified mortgage regulations.
Thursday hearing will focus on secondary mortgage market reform bill.