Print Page   |   Contact Us   |   Sign In   |   Register
Search
Sign In


Forgot your password?

Haven't registered yet?

Calendar

2/9/2016
Webinar - Handling Debit Card Chargebacks

2/11/2016
Webinar - Avoiding Compliance Violations in Advertising

2/16/2016
Webinar - Telephone Consumer Protection Act: What You Need to Know About the New Requirements

2/17/2016
Webinar - Audit Compliance Series: Overseeing Credit Union Performance

2/18/2016
Webinar - Determining Cash Flow from Personal Tax Returns Part 1: Schedules A, B, C & D

COMMENT: NCUA Safe Harbor for Investors of Securitized Loans (709) - 60 days from pub
View Registrations Tell a Friend About This EventTell a Friend
 

8/25/2014
When: 08/25/2014

« Go to Upcoming Event List  

NCUA issues proposed rule providing safe harbor for securitized assets

In conjunction with the proposed rule permitting securitization of loans, NCUA also issued a proposed rule (Part 709) which would provide a safe harbor for assets transferred by a federally insured credit union as part of a securitization or participation. The rule would protect investors in the unlikely event the initiating credit union would be conserved or liquidated. A draft of the proposed rule (Part 709) can be found on NCUA’s website; comments are due within 60 days of publication in the Federal Register, which is expected shortly.