NCUA’s Rules for 40-Year Real Estate Loan Modifications

NCUA lending rules permit federal credit unions to make long-term mortgage loans but also set the limitations for real estate loans at 40 years. Credit unions must determine whether this limited lending time begins at origination or at modification.

NWCUA Representatives Speak On Mortgage and Foreclosure Issues During Oregon Legislative Days

This Oregon Legislative Update outlines recent legislative days in the Oregon Legislature, which included testimony on behalf of credit unions from Hal Scoggins and Pam Leavitt. Also included is Oregon’s November revenue forecast and a political update for the state.