Western Corporate FCU's investment portfolio is performing worsethan previously estimated by NCUA and Clayton Holdings.
New OTTIs for the month of March reflect the fact that lossprojections have increased at the seized corporate, said NCUADirector of Congressional and Public Affairs John McKechnie.
"This stems from deterioration in actual loan performance, aswell as projected deterioration in future conditions," he saidabout WesCorp's first quarter 2010 financial report, which reported$49 million in new OTTIs.
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