{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Credit Union Regulatory Guidance Including: NCUA, CFPB, FDIC, OCC, FFIEC","title":"Interagency Guidance on Lending to Individuals Not Legally Authorized to Work in the United States","html":"","width":"100%","height":180,"duration":508,"description":"Hello, this is Samantha Shares. This episode covers Interagency Guidance on Lending to Individuals Not Legally Authorized to Work in the United States.\nThe following is an audio version of that document. This podcast is educational and is not legal advice. We are sponsored by Credit Union Exam Solutions Incorporated, whose team has over two hundred and forty years of National Credit Union Administration experience. We assist our clients with N C U A so they save time and money. If you are worried about a recent, upcoming, or in process N C U A examination, reach out to learn how they can assist at Mark Treichel dot com. Also check out our other podcast called With Flying Colors where we provide tips on how to achieve success with N C U A.\nAnd now the document.\nFederal Deposit Insurance Corporation. National Credit Union Administration. Office of the Comptroller of the Currency. July thirteenth, twenty twenty-six.\nInteragency Guidance on Lending to Individuals Not Legally Authorized to Work in the United States.\nOn May nineteenth, twenty twenty-six, the President issued the Executive Order, Restoring Integrity to America's Financial System, to address risks to the financial system posed by the extension of credit or financial services to the inadmissible and removable population. In accordance with the Executive Order, the Office of the Comptroller of the Currency, Treasury, referred to as the O C C, the Federal Deposit Insurance Corporation, referred to as the F D I C, and the National Credit Union Administration, referred to as the N C U A, and collectively referred to as the agencies, are issuing this guidance to remind supervised financial institutions of their existing obligations with respect to credit risk management, particularly as it relates to borrowers who are not legally authorized to work in the United States, referred to as non-work authorized borrowers.\nCredit Risk and Underwriting Considerations.\nLending to individuals who are not legally...","thumbnail_url":"https://img.transistorcdn.com/DblKo84_Ha6-XOQnfj5k1wmxCkQHeB53BeeKc2eI7dM/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzQ4MTk5LzE3MDM4/NTQxOTktYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}