How our department monitors insurance market practices
Insurance Company Contract and Rate Filings
DIFS Prohibition Orders for Consumer Finance and Credit Union.
Licensing - Consumer Finance and Mortgage
Consumer Finance and Mortgage Forms
BIDCO and Anti-Redlining Forms.
Statutes, Rules and Regulations
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Credit unions’ prudent efforts to modify the terms of existing loans and/or provide other assistance to affected members, when done in a safe and sound manner, will not be subject to examiner criticism. Safety and soundness considerations will include systems by which credit union management will monitor and manage the risks being assumed, and the credit union’s financial ability to absorb the potential losses. Examiners will also consider these extraordinary circumstances which may result in temporary increases of delinquency and non-performing loans, etal. when reviewing an institution’s financial condition and determining any supervisory response.
