{"id":4693,"date":"2023-07-21T09:57:58","date_gmt":"2023-07-21T14:57:58","guid":{"rendered":"https:\/\/www.ncultheaffiliate.com\/?p=4693"},"modified":"2023-07-21T09:57:58","modified_gmt":"2023-07-21T14:57:58","slug":"banking-regulators-release-statement-on-commercial-real-estate-workouts","status":"publish","type":"post","link":"https:\/\/www.ncultheaffiliate.com\/?p=4693","title":{"rendered":"Banking Regulators Release Statement on Commercial Real Estate Workouts"},"content":{"rendered":"

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\"\"The NCUA joined several other banking agencies and released a Policy Statement<\/a> on Prudent Commercial Real Estate Loan Accommodations and Workouts. According to the NCUA, the statement is a \u201cprinciples-based resource for credit unions when engaging with commercial real estate borrowers experiencing financial difficulties\u201d.\u00a0 The statement replaces one from 2009 adopted by the banking agencies. The NCUA recognized that accommodations and workouts are often in the best interest of the credit union and the borrower. The statement addresses sound principles and supervisory expectations with such accommodations or workouts to include risk management, classification of loans, regulatory reporting, and accounting considerations.<\/p>\n

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[et_pb_section fb_built=”1″ _builder_version=”4.9.4″ _module_preset=”default” custom_padding=”0px|||||”][et_pb_row _builder_version=”4.9.4″ _module_preset=”default” custom_padding=”3px|||||”][et_pb_column type=”4_4″ _builder_version=”4.9.4″ _module_preset=”default”][et_pb_text _builder_version=”4.9.4″ _module_preset=”default”] The NCUA joined several other banking agencies and released a Policy Statement on Prudent Commercial Real Estate Loan Accommodations and Workouts. According to the NCUA, the statement is a \u201cprinciples-based resource for credit unions when engaging with commercial real estate borrowers experiencing […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.ncultheaffiliate.com\/index.php?rest_route=\/wp\/v2\/posts\/4693"}],"collection":[{"href":"https:\/\/www.ncultheaffiliate.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ncultheaffiliate.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ncultheaffiliate.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ncultheaffiliate.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4693"}],"version-history":[{"count":0,"href":"https:\/\/www.ncultheaffiliate.com\/index.php?rest_route=\/wp\/v2\/posts\/4693\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ncultheaffiliate.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ncultheaffiliate.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ncultheaffiliate.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}