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June NCUA Board Meeting Video Now Available Online
Friday, July 18, 2014 6:35 AM

The video recording of the June open meeting of the National Credit Union Administration Board is now available on the agency’s website. Archived videos of past Board meetings may be viewed here, and each video remains on the site for one year.

The June open Board meeting’s agenda included five items:

  • A proposed rule expanding the powers of federal credit unions by allowing qualified institutions to securitize loans they have originated.
  • A proposed rule creating safe-harbor protection for certain securitized assets and protecting investors in cases of conservatorship or liquidation.
  • A proposed rule to assist underwater borrowers by allowing federally insured credit unions to refinance or modify real estate loans without obtaining an additional appraisal.
  • A final rule reducing administrative burdens on solvent credit unions that voluntarily liquidate.
  • A request by Mainstreet Credit Union of Lenexa, Kansas, to convert to a federal charter.