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NAFCU meets with HUD to talk CU mortgage lending trends


NAFCU meets with HUD to talk CU mortgage lending trends
NAFCU President and CEO Dan Berger and members of NAFCU’s award-winning advocacy team yesterday met with Principal Deputy Assistant Secretary for the Office of Housing and Urban Development (HUD) Lopa Kolluri, Office of Single-Family Housing Deputy Assistant Secretary Julienne Joseph to review the credit union industry’s housing finance priorities.
NAFCU Director of Regulatory Affairs Ann Kossachev and Senior Regulatory Affairs Counsel Kaley Schafer also attended the meeting.
During the meeting, the group discussed HUD’s priorities, which include the interagency task force to address inequity in home appraisals and mortgage lending trends present in the credit union industry. ....

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Ops, AE Jobs; Sales, Leadership, Tech, Pricing Tools; VA, Ginnie, FHA Changes Incl. URLA Update


Ops, AE Jobs; Sales, Leadership, Tech, Pricing Tools; VA, Ginnie, FHA Changes Incl. URLA Update
Jan 20 2021, 8:15AM
In his Saturday Morning Cup of Joe, Jeremy Potter quipped, “The word ‘homeowners’ has the word ‘meow’ in it. Good luck unseeing that from now on.” Plenty of people are out there predicting the path of homeowners and homeownership. And there are those that say, “All forecasts are wrong, but some are useful.” It has certainly been interesting hearing forecasts about the direction of rates (relatively steady with a bias toward increasing gradually), new regulations for lenders (relatively steady with a bias toward increasing gradually), and even residential lending IPOs. (The current STRATMOR blog is, “Lenders and Vendors Going Public: Pros and Cons”.) ....

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