NCUA Board Chairman Debbie Matz said the agency might propose a rule in 2015 dealing with the member business lending waiver process.

"My intent in modernizing our member business lending regulation is to essentially remove all limits on MBLs except for those limits that are imposed by statute," she told CU Times.

The proposal would eliminate the need for loan-by-loan waivers and blanket waivers on issues such as personal guarantees, loan-to-value ratios, and other underwriting criteria.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.