WASHINGTON, DC (September 6, 2019) — The National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement after the Trump Administration finalized plans from the Treasury Department to reform the government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac:
“We appreciate the Trump Administration’s commitment to reforming our housing finance system by working to promote competition and putting an end to taxpayer bailouts,” said NAFCU President and CEO Dan Berger.
“Moving forward, NAFCU will continue to work with the administration, Treasury and Congress to ensure guaranteed access to the secondary mortgage market for lenders of all sizes, loan pricing at the GSEs that is based on quality not quantity, and the establishment of an explicit government guarantee at the GSEs to provide certainty in the marketplace.”
The National Association of Federally-Insured Credit Unions is the only national trade association focusing exclusively on federal issues affecting the nation’s federally-insured credit unions. NAFCU membership is direct and provides credit unions with the best in federal advocacy, education and compliance assistance. For more information on NAFCU, go to www.nafcu.org or @NAFCU on Twitter.
