This recorded event is available until January 30, 2014.
We do, in fact, live in interesting times. Interesting times call for creative solutions. Even before the housing crisis, credit unions have long recognized that loan workouts are useful tools to help members overcome temporary financial difficulties. With the adoption by NCUA of its IRPS on Loan Workouts, Nonaccrual Policy and Regulatory Reporting of Troubled Debt Restructured Loans, we now have regulatory guidance by which to measure the appropriateness of our workout solutions. Are your loan modifications meeting these requirements?
This event is produced by the CUNA Center for Professional Development and endorsed by the CUNA Lending Council.
This session will address the latest trends in loan modifications, including:
- A discussion of how NCUA arrived at its Trouble Debt Restructuring Rule
- An overview of the TDR policy requirements, including rules regarding nonaccrual and a review of the types of transactions within the scope of the rule
- Tips to ensure your loan workouts balance the interests of your members with safety and soundness concerns
This webinar is part of CUNA Lending Compliance eSchool, which starts June 11, 2013.
Who Should Attend
This webinar is beneficial for credit union compliance staff, lending managers and CEOs interested in an in-depth look at the regulations that affect lending operations of all loan disciplines - consumer, mortgage, member business and indirect. Affiliation with CUNA/League is required for attendance.