In a release, the bureau detailed a number of proposed revisions it hopes will increase options for community banks and other smaller mortgage lenders who may have been adversely impacted by last year's newly implemented rules.
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CU Trade Group Voices Opposition to Proposed FHLB Requirements
In a comment letter addressed to the Federal Housing Finance Agency's (FHFA) general counsel, Alicia Nealon, director of regulatory affairs for the National Association of Federal Credit Unions (NAFCU), voiced the association's opposition to the proposal, which she says would "disenfranchise over 1 million credit union member-owners."
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