Comment from ORNL Federal Credit Union

ORNL Federal Credit UnionSupportUnion
Summary: ORNL Federal Credit Union supports the NCUA's proposal to remove prescriptive concentration limits for third-party servicing of indirect vehicle loans, arguing that a principles-based approach allows for better risk management tailored to each institution's size and complexity. They request that the NCUA provide clear supervisory guidance and examiner-facing clarifications to ensure consistent evaluation of internal risk limits and third-party risk management.
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