CUNA strongly supports the goal of facilitating responsible innovation and FHFA’s efforts to identify barriers and challenges in implementing fintech in the housing finance ecosystem. CUNA sent comments in response to an FHFA request for information on fintech in housing finance.
Credit unions are integral to achieving the Federal Housing Finance Agency’s (FHFA) housing mission and goals, CUNA wrote to House Financial Services leadership prior to its semiannual hearing on FHFA oversight hearing and FHFA Director Sandra Thompson's testimony.
The Federal Housing Finance Agency (FHFA) issued a final rule requiring Fannie Mae and Freddie Mac to submit annual capital plans to the FHFA for review and approval, a step toward capitalization and reform of Fannie and Freddie.
The Senate confirmed Sandra Thompson as director of the Federal Housing Finance Agency Wednesday by a 49-46 vote. Thompson has served as acting director since June 2021, and has met with CUNA leaders while at the agency.