NEWS, EVENTS, PUBLICATIONS & EMERGING ISSUES

SW&M EMERGING ISSUE
December 17, 2008

CU HARP SUBSCRIPTION APPLICATION UPDATED

The NCUA's mortgage modification program, CU HARP, is up and running, and subscriptions for participation must be completed and delivered to a corporate credit union by Friday, December 19, 2008. The updated application (originally posted last week) and additional information on the program can be found through the Central Liquidity Facility website: http://www.ncua.gov/CLF/index.htm.

Styskal, Wiese & Melchione is continuing to work to obtain assistance for credit unions. If you have any questions about CU HARP or other assistance programs and how they may affect your credit union, please do not hesitate to contact our office.

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