PHOENIX-The "best" mortgage reform bill would be "no" mortgage reform bill, according to Paul Stull, SVP of strategy and brand for $1.3-billion Arizona State CU.

"Regulation is not welcomed by most credit unions, because it reduces our ability to create home ownership opportunities for our members," he said. "Credit unions did not create this situation but are being penalized by regulation unevenly applied."

Subscribe Now

Authoritative analysis and perspective for every segment of the credit union industry

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.