Comment from The League of Credit Unions and Affiliates
The League of Credit Unions and AffiliatesSupportTrade association
Summary: The League of Credit Unions & Affiliates supports the NCUA's proposal to rescind regulations regarding third-party servicing of indirect vehicle loans. They argue that the current prescriptive limits are unnecessarily burdensome and that existing supervisory frameworks and due diligence requirements are sufficient to manage risk while providing credit unions with greater operational flexibility.
See attached file(s).