The National Credit Union Administration Board seeks public comment on a proposed rule to amend its regulations by removing the prohibition on the capitalization of interest in connection with loan workouts and modifications.
During these busy times it is easy for originators to neglect building relationships and disengage from outreach activities. Growing business for tomorrow’s purchase market is essential.
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Senate Banking Committee Chairman Crapo unveils a compromise regulatory relief proposal aimed at credit unions and smaller banks
This far-reaching proposal contains multiple facets impacting both residential mortgage loans and member business loans.