news.cuna.org/articles/107330-ncua-participation-lending-webinar-set-for-sept-16

NCUA participation lending webinar set for Sept. 16

August 27, 2015

ALEXANDRIA, Va. (8/27/15)--Credit unions considering participation lending are encouraged to join the National Credit Union Administration’s webinar on the topic, scheduled for Sept. 16.

Participation loans are loans made by multiple lenders to a single borrower.

Vanessa Lowe, economic development specialist with the NCUA’s Office of Small Credit Union Initiatives, will host the webinar. She will be joined by Mike Dorsett, president of Portfolio Performance LLC, and Ian Lampl, CEO of LoanStreet.

Among the issues the webinar will cover:

  • Benefits of participation lending for buyers and sellers;
     
  • The three levels of due diligence for participation buyers;
     
  • Buyer and seller side case studies; and
     
  • Participation solutions in partnership with corporate credit unions.

Registration is currently open for the webinar, which is scheduled to run from 2 to 3:30 p.m. (ET).