housing finance reform ideas from the perspective of all stakeholders. NAFCU is the only national organization exclusively representing the interests of the nation’s federally-insured credit unions. NAFCU-member credit unions collectively account for approximately 69 percent of the assets of all federally chartered credit unions.
90-Day Moratorium for California California’s 90-Day Foreclosure Moratorium Really Isn’t In February 2009, Governor arnold schwarzenegger approved the California Foreclosure Prevention Act. The news media has portrayed the legislation, which takes effect on June 15 2009, as a 90-day moratorium on foreclosures.
S.E. Cupp to Keynote NAFCU Congressional Caucus. Congressional Caucus participants will learn about effective techniques for communicating credit union issues and. housing finance reform and.
Our Position We are committed to educating legislators about the positive impact the secondary market has had on the credit union community and the role credit unions play in ensuring the safety and soundness of our nation’s housing market. In any housing finance reform efforts, we strongly advocate for equal access to the market for credit unions and fair pricing based on loan quality as opposed to volume, because in order to achieve a healthy, sustainable and viable secondary market, there.
NAFCU seeks to ensure that lawmakers and agency officials include credit unions’ principles in the trump administration housing reform. Bright joined Ginnie Mae July 2017 as executive vice president and COO; he is awaiting Senate confirmation to serve as president.
2017 HW Vanguard: Sean Buckner cloudvirga ceo michael schreck honored as Vanguard award winner (housingwire) Cloudvirga CEO Michael Schreck is a recipient of HousingWire’s 2018 HW Vanguard Award. Now in its fourth year, the Vanguard Awards spotlight the housing finance industry’s most successful and influential executives.
Housing finance reform will also be a major focus. Reform that guarantees access to the secondary mortgage market for credit unions and ensures fair pricing based on loan quality, not just volume. NAFCU will also continue to advance the adoption of national data security standards for all that hold consumers’ personal financial data (similar to.
Homeownership still considered best long-term investment: Pew PHOENIX (Reuters) – Even as a five-year slump in house prices drags on, eight-out-of-10 Americans say bricks and mortar remain the best long-term investment, according to a study released on Tuesday..
Stafford will testify before the panel on NAFCU’s core principles for housing finance reform and on ways such reform could affect credit unions and their members’ access to mortgage credit.
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As you consider housing finance reform, we urge you to adhere to the credit union principles outlined in my testimony," Stafford told the hearing. "Whatever approach is taken to reform the system, it is vital that credit unions continue to have unfettered access to the secondary market and get fair pricing based on the quality of their loans.
National Association of federal credit unions president and CEO Dan Berger welcomes attendees to the Defense Credit Union Summit held just before NAFCU s annual conference in Nashville, Tenn., this week.