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For creditunions and smaller banks in North America, the challenge of how to compete with their bigger counterparts is a constant and pressing matter. These solutions provide great benefits once an account has been originated, however they lack effective tools for the acquisition stage of the lifecycle.
For creditunions and smaller banks in North America, the challenge of how to compete with their bigger counterparts is a constant and pressing matter. These solutions provide great benefits once an account has been originated, however they lack effective tools for the acquisition stage of the lifecycle.
On June 8, the board of governors for the Federal Reserve (the Fed), Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), National CreditUnion Administration (NCUA), and the OCC requested public comment on proposed guidance addressing reconsiderations of value (ROV) for residential real estate transactions.
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