“KMPG's report is confirmation that we are fulfilling our financial reporting responsibilities,” Matz said. “We are operating the fund prudently and providing high-quality reporting that satisfies our need to maintain transparency as we manage the resolution of the corporate credit union crisis.” 

Now that the 2012 Stabilization Fund audit is complete, the NCUA said it will soon make public updates regarding corporate system resolution costs and the NCUA Guaranteed Notes Program, in which the regulator repackaged corporate legacy assets and sold them to investors. The information will include final 2012 data on total actual losses or implied write-downs on the failed corporates' legacy assets.

The NCUA said it will also adjust its estimated loss projection ranges, which will impact future corporate assessments paid annually by federally insured credit unions to fund corporate stabilization.