NCUA Board Chairman Debbie Matz has urged credit unions to “redouble” their efforts to help Americans who are struggling with heavy mortgage debt and other real estate loans.

“In these extraordinary times, when so many homeowners are underwater in their mortgages through no fault of their own, I believe credit unions should evaluate every possible remedy to help responsible borrowers-especially those who are victims of the real estate market crash and those who are unemployed,” said Matz in a March 26 statement.

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