With days left in his tenure as chairman of the House Financial Services Committee, Rep. Jeb Hensarling (R-Texas) led a hearing to discuss a discussion draft of a bill aimed at accomplishing the elusive task of creating a permanent and sustainable housing finance system.
Mortgage Bankers Association (MBA) President and CEO Robert Broeksmit and Rick Stafford, president and CEO of Tower Federal Credit Union, testifying on behalf of the National Association of Federally-Insured Credit Unions (NAFCU), were among the industry representatives invited to weigh in on the merits of the bill based on their associations’ policy views.
Find out more details about what was discussed.