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Stressed MBLs Still on Radar as NCUA Touts Cap Increase

Can the NCUA back the effort underway to increase the member business lending cap while at the same time help spot and aid troubled loan portfolios?

By Michelle A. Samaad | Updated on July 11, 2010

Can the NCUA back the effort underway to increase the member business lending cap while at the same time help spot and aid troubled loan portfolios?

John McKechnie, NCUA director of congressional and public affairs, said the regulator supports efforts currently underway in Congress to increase the MBL cap statutorily, in tandem with the gradual, incremental approach that includes additional regulatory safeguards. However, weaknesses in the commercial real estate market have led to increased supervision of MBLs.

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