Loans Transferred with Limited Recourse Qualifying for Sales Accounting YTD
Acct Code |
Description |
Tip for pulling data stored in CU*BASE |
819 |
The total principal balance outstanding of loans transferred, including participations, for which the transfer qualified for true sales accounting treatment under GAAP, and for which the transferor credit union retained some limited recourse. |
Do you have a CU*BASE tip? Please contact CallReport@cuanswers.com |
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