CUNA witness Tim Mislansky stressed to the Senate Banking Committee Thursday the need for credit union access to a functioning, well-regulated secondary mortgage market and a system that will accommodate demand for long-term fixed-rate mortgage products.
The FHA should lower mortgage insurance premiums if the Mutual Mortgage Insurance fund shows continued strength, CUNA wrote to HUD in response to a request for information on executive orders relating to housing regulations.
CUNA supports the creation of an efficient, effective and fair secondary housing market with equal access to lenders of all sizes, CUNA wrote to Senate Banking Committee leadership Thursday in a letter for a hearing's record.
Consumer Financial Protection Bureau Director Richard Cordray will step down from the agency by the end of the month after serving since 2013. CUNA President/CEO Jim Nussle said CUNA looks forward to a new era at the bureau, one that takes credit unions’ structure and purpose into account during rulemakings.
More than 300 credit union compliance professionals from 237 credit unions and more than 20 associations attended last week’s CUNA/NASCUS BSA Conference to get the latest information on BSA compliance from regulators, attorneys and other compliance professionals.