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John Reosti
john.reosti@sourcemedia.com
Credit unions cleared to securitize loans, amplifying threat to banks
The NCUA is letting federal credit unions securitize and sell assets. Such transactions would free up capital at credit unions, allowing them to make more loans.
The other big risk in auto lending
GrandSouth Bancorp's issues with floor-plan loans to car dealers serve as a reminder of another pitfall in auto lending besides consumer loans.
