NAFCU: The credit union perspective on housing finance reform

NAFCU witness Rick Stafford, president and CEO of Tower Federal Credit Union (Laurel, Md.), will share with lawmakers credit unions’ priorities and concerns with a bipartisan housing finance.

Behind closed doors its leader, Shorten, tells the major corporations that Labor will maintain the country’s credit. finance was cut off. Since then the economy has been sustained by a mining boom,

President and CEO, Tower Federal Credit Union, on behalf of the National Association of Federally-Insured Credit Unions (NAFCU) Added 10/25/2017 at 10:19 AM. Witness Statement Added 10/25/2017 at 10:21 AM; Witness Truth in Testimony Added 10/25/2017 at 02:36 PM

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The housing market is a critical aspect of our nation’s economy and the future of the housing finance system is of great importance to our nation’s credit unions and their more than 116 million members.

She would also include the income from all four states on her Ohio return and claim a tax credit. union dues, club fees, temporary housing and training expenses, to name just a few. Here are a few.

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Housing finance reform This month, NAFCU testified for the 12 th time during the 115 th Congress, offering credit unions’ perspective on housing finance reform . NAFCU witness Rick Stafford stressed the importance of credit unions’ unfettered access to the secondary mortgage market and need for affordable housing options to members of the.

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.

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.