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 · Bright said that while considering housing finance reform, there were three issues with the role of private capital that Congress must address.. Insured Credit Unions (NAFCU). “Credit union.

Housing Finance at Credit Unions - NAFCU Services Video Ad 3 NAFCU is engaged with both lawmakers and the Trump administration to discover the best path forward on housing finance reform. As Congress considers legislation to reform the housing finance system, NAFCU has shared the credit union perspective through letters, meetings, and testimony before Congressional committees. NAFCU has also led advocacy efforts to inform the administration and relevant government agencies on credit union concerns.

 · Stafford was critical of previous housing finance proposals, saying they did not address the needs of community-based lenders, and stressed that “large institutions” not be given control of the market for aggregating mortgages in order to preserve credit union access to the secondary markets.

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He added, “Each credit union should be allowed to implement their own guidelines to determine members’ ability to repay at their own discretion.” Andrew Morris, NAFCU’s senior council. the starting.

 · House Financial Services Subcommittee Schedules Housing Finance Reform Hearing October 24, 2017 | Federal / Agency News The House Financial Services Subcommittee on Housing & Insurance will host a hearing entitled “Sustainable Housing Finance: Private Sector Perspectives on Housing Finance Reform” on Wednesday, October 25, 2017.

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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. My testimony.

NAFCU understands that housing finance reform is a priority for the Financial Services Committee and urges members to move forward in a comprehensive manner that addresses our concerns outlined above.

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 · Bright said that while considering housing finance reform, there were three issues with the role of private capital that Congress must address.. Insured Credit Unions (NAFCU). “Credit union.

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The National Association of Federally-Insured Credit Unions (NAFCU) has issued what it describes as its "core principles" for balancing federal housing finance reform with the specific needs of the credit union industry. NAFCU cited the need for "an explicit government guarantee on the payment.