McDonnell, and you can I am the Chairman and Chief executive officer away from Navy Government Borrowing Relationship
I’m called Brian L. I am here right now to talk on behalf of the latest National Connection from Federal Borrowing from the bank Unions (NAFCU), the credit Partnership National Connection (CUNA), and you may Navy Federal Borrowing from the bank Partnership to talk about my personal borrowing from the bank union’s service and therefore regarding tens of thousands of almost every other borrowing unions illustrated by CUNA and you may NAFCU for the recommended “Residents Shelter Work out of 1997” (S. 318).
Mr. Chairman, Navy Federal, NAFCU, and you can CUNA applaud your time and effort and people out of Representative Hansen during the initiating legislation hence obviously says to existing and coming residents you to definitely Personal Home loan Insurance rates (PMI) may possibly not be you’ll need for an entire label of your own home loan offer. Read more