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A provision that says only loans a credit union has originated can be securitized is too limiting, CEOs say. What about loans from CUSOs or indirect programs?

Scratch a credit union and it’s likely to bleed service. But these days, many of them are scratching for alternative sources of liquidity to improve how their members are served.

An NCUA asset securitization proposal allowing qualified credit unions to bundle their loans and sell them on the securities market may provide a necessary transfusion to the movement provided enough credit unions can tap into it.

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