NEWPORT BEACH, Calif. — NACUSO is asking for feedback as itprepares to comment on NCUA's proposal to revise or clarify severalmember business loan provisions.
|The provisions include those related to loan-to-value ratiorequirements, collateral and security requirements, CUSOinvolvement in the MBL process, MBL loan participation and waivers.The regulator is asking for comments on the provisions, which canbe found in greater detail athttp://www.ncua.gov/RegulationsOpinionsLaws/proposed_regs/MBL%20ANPR%20June%202008%20_2_.pdf
|NACUSO is planning to submit a formal comment letter to NCUA andis asking for feedback to be incorporated in the trade group'sopinion. Comments should be submitted to NACUSO General Counsel GuyMessick by Aug. 1 at [email protected].
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