Latest developments from the NCUA (National Credit Union Administration), prudential regulator of federal credit unions and savings insurer for members of federal and state credit unions.
UPDATED: Proposal says no appraisal needed for CU commercial RE loans under $1 million
Federally insured credit unions would no longer need appraisals for certain commercial real estate loans of less than $1 million, up from the current threshold of $250,000, under a proposed rule issued Sept. 20 by […]