Responding to calls for an improved exam process, NCUA Chairman Debbie Matz Tuesday released a letter to credit union that details the agency's plans to separate Documents of Resolution from Examiner's Findings and include documented support for DORs.
Beginning in January 2014, DORs will include a description of material problems, along with corrective actions agreed upon by examiners and credit unions.
The Exam Fairness and Reform Act, reintroduced in the House of Representatives in April, would require examiners to document reasons for exam exceptions.
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