2026-05797
Third-Party Servicing of Indirect Vehicle Loans
In Committeeeconomy
Floor Vote
Passed
Signed
Summary
The NCUA Board (Board) is seeking comment on a proposed rule that would remove the NCUA's unnecessarily prescriptive regulation regarding third-party servicing of indirect vehicle loans. This action would reduce regulatory burden and provide credit unions with greater operational flexibility, consistent with a principles-based supervisory approach.