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.
Hood says NCUA contacted 23 firms in effort to find a purchaser of taxi medallion loans
The federal credit union regulatory agency’s recent sale of taxi medallion loans acquired through liquidations of credit unions was preceded by a “thorough” vetting of bidders to ensure only reputable firms dedicated to working in […]