April 14, 2014

Berger, Watt talk housing finance

Dan BergerMellWatt125px
B. Dan Berger Mel Watt

April 15, 2014 – NAFCU President and CEO Dan Berger, Federal Housing Finance Agency Director Mel Watt and senior staff are set to meet today on housing finance and related reform issues important to association member credit unions.

Today's meeting, at FHFA's headquarters, takes place against the backdrop of the Johnson-Crapo draft legislation on housing finance reform, which is slated for Senate Banking Committee mark-up April 29. NAFCU has also called on the FHFA to leave guarantee fees unchanged; Watt last December said he was rescinding a previous plan to increase those fees, pending further review.

Last week, NAFCU, the Independent Community Bankers of America and CUNA jointly wrote Senate Banking Chairman Tim Johnson, D-S.D., and Ranking Member Mike Crapo, R-Idaho, to air their members' concerns about the draft Senate bill and recommend changes.

Berger will be accompanied in today's meeting by NAFCU Senior Vice President of Government Affairs and General Counsel Carrie Hunt, Vice President of Legislative Affairs Brad Thaler, Director of Legislative Affairs Jillian Pevo, Director of Regulatory Affairs Mike Coleman and Regulatory Affairs Counsel Angela Meyster.