CU Today | CEO Naseer Nasim’s Advice for Credit Unions
3/30/2016 5:02:32 AM
CU Today recently published an article written by Baker Hill CEO Naseer Nasim, How to Take Advantage of New MBL Rules. In the article, Naseer delivers expert insight into how credit unions can diversify their MBL capabilities when the NCUA’s recent rule changes go into effect on January 1, 2017. He advises credit unions to work on policy revisions now and ensure solid underwriting criteria is in place. According to Naseer, this is an initial first step that should be completed before deploying technology and decision support tools. The article also explains the NCUA’s emphasis on portfolio management and reporting initiatives, which must be established alongside credit unions’ expanded MBL activities.