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NCUA Announces Eighth Round Of Deregulation Proposals

By CU Today Staff —

ALEXANDRIA, Va.--NCUA Tuesday announced the eighth round of proposed regulatory changes associated with the agency's Deregulation Project.

With today’s announcement, NCUA is requesting comments on a proposal that would eliminate unduly burdensome requirements in the Code of Federal Regulations related to third-party servicing of indirect vehicle loans.

The NCUA board is proposing to remove defined limits on credit unions’ ability to purchase or participation in third-party auto loans.

Originally reported by CU Today.