Community lenders must be at the core of the future secondary mortgage market, CUNA wrote to the Senate Banking Committee Tuesday, outlining features that must be present in the system to ensure a strong and sustainable secondary market.
The U.S. Treasury released a series of series of recommended legislative and administrative housing finance reforms. CUNA supports housing finance reform principles that ensure community lenders are at the core of the secondary mortgage market.
The ability of the housing finance system to accurately assess credit risk while responsibly expanding access to affordable mortgage credit for consumers is a key concern for credit unions and the members they serve, CUNA wrote to FHFA Thursday.
Credit Union Magazine’s special 2020 Credit Union Rock Stars edition celebrates creative, innovative, and passionate professionals and volunteers working to advance the missions of their credit unions.