NAFCU has asked the NCUA to extend its proposed policy on restructured loans generally to memberbusiness loans.
The agency has proposed dropping the requirement that creditunions report troubled debt restructured loans for six months andkeep them in a special non-interest accruing status for the sameperiod.
But the proposal did not extend to troubled member businessloans. NAFCU wrote in its Feb. 29 letter that it supportedthe agency's proposal to drop the reporting requirements on non-MBLrestructured loans, but wanted it dropped for MBL as well.
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