NAFCU issues Final Reg on NCUA's ONES asset threshold determination
NAFCU Monday sent a Final Regulation Alert to members breaking down the NCUA’s final rule that raises the asset threshold for assigning a consumer
Source: cuinsight.com
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NAFCU issues Final Reg on NCUA's capitalization of interest rule
NAFCU Thursday sent a Final Regulation Alert to members breaking down the NCUA’s final rule that ends the prohibition against the capitalization of interest in connection with loan workouts and modifications. The association’s Final Regulation Alerts are member-only resources that feature full text and easy to read summaries for final rulemakings affecting credit unions. The NCUA’s final rule will allow FICUs to regain access to an important loan modification tool, which will help them better manage loan portfolio risks and help ensure more members remain in their homes and more small b...
Source: cuinsight.com