Eligible Obligations 101: What They Are and What Credit Unions Need to Know
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Eligible Obligations 101: What They Are and What Credit Unions Need to Know
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In a follow up to their discussion about loan participations earlier this year, Jenn Winston continues her conversation with Mike Heller about what exactly eligible obligations are; why they are important to credit unions as both buyers and sellers; and what differences there are between eligible obligations and loan participations and why that's important from a regulatory perspective.
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