Default Risk Analysis Takes Some Heat Off Of Compliance

Jepson, Kevin
November 2010
Credit Union Journal;11/22/2010, Vol. 14 Issue 47, p16
Trade Publication
The article focuses on the improvements in the risks analysis of the real estate portfolio of Ventura County Credit Union (VCCU) in California. It states that CoreLogic Inc. is hired by VCCU to collect loan-to-value (LTV) and trending data on its portfolio. It mentions that CoreLogic combines all data in annual report portfolio summary reports which sum up CU's concentrations of risks CU. Jackie Benoun, vice president (VP) at the Cu, says that VCCU can quickly address incomplete reconveyance.


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