Consumer Loans transferred with limited recourse or other seller provided credit enhancements
Acct Code |
Description |
Tip for pulling data stored in CU*BASE |
LQ0019 |
Report the exposure amount for loans transferred with limited recourse. The exposure amount is the contractual amount the credit union is exposed to according to the agreement, net of any related valuation. |
No CU*BASE tip at this time. |
The NCUA provides detailed descriptions on the Call Report Account Codes in their comprehensive Call Report Instructions available with the current Call Report on the http://www.ncua.gov website.
For more information about the 5300 Call Report Software, open
the book.