NAFCU meets with White House, Treasury, FHFA

NAFCU President and CEO Dan Berger and other senior staff met with senior White House staff and representatives from Treasury, the National Economic Council, Federal Housing Finance Agency and others Tuesday on housing finance, lending issues and data security.

The interagency team also included representatives from Treasury, the Department of Housing and Urban Development and the Office of Management and Budget. Attending with Berger were NAFCU Senior Vice President of Government Affairs and General Counsel Carrie Hunt, Vice President of Legislative Affairs Brad Thaler, Director of Regulatory Affairs Mike Coleman and Chief Economist and Director of Research Curt Long.

NAFCU has met with senior White House staff multiple times over the past year to discuss housing finance reform. The association continues to advocate for credit unions’ interests in any reform package, including guaranteed access to the secondary mortgage market and fair pricing based on loan quality rather than loan volume.

While both the Senate Banking Committee and the House Financial Services Committee have reported different versions of housing finance reform to their respective bodies, neither chamber is expected to act further on the issue in this Congress.

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