Submitted by sevans on Tue, 12/02/2014 - 3:22pm

This supervisory letter provides interpretive guidance for MBL waivers subject to Part 723 of NCUA’s Rules and Regulations. Part 723 establishes a framework to manage the overall risk associated with business lending. The risks associated with each business borrower are unique; therefore the rule allows for waivers of certain regulatory provisions in order to give credit unions the necessary flexibility to meet the needs of the members they serve.

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