Credit unions, credit union trade associations and CUSOs have weighed in against the NCUA's December 2011 proposal to cap and limit credit unions' use of loan participations in an attempt to protect them from concentration risk.
NCUA accepted comments on the proposed regulation until Feb. 21.
CUNA's comment focused on how the proposed rule would hurt CU's abilities to lend and effectively minimize credit unions' ability to limit risk, according to a recent CUNA comment on the proposed regulation.
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