CUNA
  • Advocacy
    • Priorities we’re fighting for
    • Actions you can take
  • News
  • Learn
  • Compliance
  • Shop
  • Topics
    • Compliance
    • Credit Union Hero
    • Credit Union Rock Star
    • Credit Union System
    • Directors
    • Human Resources
    • Leadership
    • Lending
    • Marketing
    • Operations
    • Policy & Issues
    • Sales & Service
    • Technology
  • Credit Union Magazine
    • Buyers' Guide
    • Digital Edition
    • Credit Union Hero
    • Credit Union Rock Star
    • Subscribe
    • Advertise
    • Contact
  • Advertise
  • Awards
    • Nominate Credit Union Hero
    • Nominate Credit Union Rock Star
  • Podcasts
  • Videos
  • Contact
Learn More about Member Value

News

Member Benefits
Learn more
Learn more about the benefits of membership.
Home » CUNA, trades call for ‘lock in’ of GSE reforms, add’l reforms
Policy & Issues

CUNA, trades call for ‘lock in’ of GSE reforms, add’l reforms

September 5, 2018

Policymakers should cement recent government-sponsored entity (GSE) reforms and look to complete additional necessary reforms, CUNA wrote Wednesday. CUNA and other trade organizations sent a letter for the record of a House Financial Services Committee hearing on GSEs.

Together, we urge policymakers to lock in recent reforms to GSEs and complete the necessary additional reforms to protect taxpayers, provide liquidity and promote stability while taking care not to roll back aspects of GSEs’ operations that are supporting the foundation of the housing market,” the letter reads. “Only through such efforts can we ensure an affordable, accessible housing finance market that works for American homeowners and renters alike.”

Reforms put in place during conservatorship that have better positioned the GSEs to continue to play their role in facilitating mortgage liquidity include:

  • Pricing parity across lenders;
  • The transfer of risk away from taxpayers;
  • A new infrastructure for the single-family secondary market; and
  • Support for strong and sustained liquidity in the multifamily rental market.

CUNA supports housing finance reform that provides equitable access and pricing to secondary market liquidity for lenders of all sizes and charter types, and which fosters access to affordable and predictable mortgage products for homebuyers.

KEYWORDS housing
Credit Union Magazine - Winter 2019

Winter 2019

Alternative lending, compliance management systems, and ideas for boosting credit card portfolios are among the topics of Credit Union Magazine’s Winter 2019 edition.
App •  Digital Edition •  Subscribe

Trending

  • CFPB proposes to raise remittance threshold to 500 transfers

  • PODCAST: Bettering people’s lives

  • Compliance: Recapping the 2019 BSA Conference

Tweets by CUNA_News

Polls

What's the pace of staff turnover at your CU?

View Results
More

Champion of America’s Credit Unions

Credit Union National Association is the only national association that advocates on behalf of all of America’s credit unions. We work tirelessly to protect your best interests in Washington and all 50 states. We fuel your professional growth at every level and champion the credit union story at every turn.

More CUNA

  • About
  • Careers
  • Contact Us
  • Recommended Websites

Resources for

  • CUNA Board Members
  • Credit Union Advocates
  • Leagues
  • Press
  • Vendors