In a letter from the National Association of Federal Credit Unions to the House Financial Services Committee, NAFCU stressed the importance of credit unions having access to the secondary market. 

“The liquidity the current system provides is absolutely critical in enabling credit unions to serve the mortgage needs of their member-owners,” the letter stated.

Additionally, fair pricing is equally as critical in ensuring community-based financial service providers are not discriminated against based on type of institution, an institutions’s asset size or any other geopolitical issue, NAFCU said. 

NAFCU continues to emphasize that they were not the ones to contribute to the financial crisis.