NCUA Chairman, Rodney Hood speaks at CUNA's Governmental Affairs Conference on Feb. 25, 2020. NCUA Chairman, Rodney Hood speaks at CUNA’s Governmental Affairs Conference on Feb. 25, 2020. (Source: CUNA)

NCUA Chairman Rodney Hood on Tuesday continued to defend the agency’s decision to sell the taxi medallion loans it held, even as agency officials defended the secretive nature of the sale.

“I firmly believe that this sale will help holders and their families because it will provide them with greater certainty over the management of their loans,” Hood said at CUNA’s Governmental Affairs Conference.

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David Baumann

 

Credit Union Times

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