In an April 30 letter, National Credit Union Administration (NCUA) Chairman Rodney E. Hood urged the Financial Accounting Standards Board to both exempt credit unions from CECL implementation due to it’s chilling effect on lending and described various strategies that credit unions can employ to work with borrowers who are experiencing financial hardship because of the COVID-19 pandemic.
More Stories
Two Men. Two Stolen Identities. One Greenwich Dealership.
The Risk Didn’t Leave Auto Finance, It Changed Hands
Financed Monday. Exported Friday.
The Seasonal Loan Delinquency Reprieve May Be Ending
He Bought Their Identities. Then He Bought the Cars
Catch Me If You Can: Inside the Gingerbread Man Auto-Fraud Enterprise