Friday, June 29, 2012

Updated Loss Estimates for TCCUSF

NCUA is now estimating that future losses for the Temporary Corporate Credit Union Stabilization Fund will be between $2.7 billion and $6.0 billion.

Six months earlier NCUA had projected a net range of future assessments between $1.9 billion and $6.2 billion.

The narrowing of range reflects the actual performance of the legacy assets and BlackRock’s updated assessment of the macroeconomic factors used in projecting future performance.

NCUA is still forecasting that the 2012 Stabilization Fund assessments will be between 8 and 11 basis points of insured shares.

Read the press release.
Posted by at
Labels: , ,

1 comment:

  1. AnonymousJune 30, 2012 at 3:09 AM

    You are aiding and abetting the game. You're not seeing Blackrock data. You're seeing NCUA interpretation of Blackrock data.
    Just like we didn't see the PIMCO or Barclays data, only NCUA selective thinking.
    "pants on foia" the actual output of the 3 analyses.
    NCUA will say they can't cause the advisors say their modeling is proprietary, so when you "pants on foia" ask for output not the modeling.

    ReplyDelete

Subscribe to: Post Comments (Atom)
 

The content is provided for educational purposes only, with the understanding that neither the authors, contributors, nor the publishers of this site are engaged in rendering legal, accounting or other expert or professional services. If legal or other expert assistance is required, the services of a competent professional should be sought.

Comments appearing in response to articles appearing on this site do not necessarily reflect the views of the ABA. ABA makes no representations regarding the truth or accuracy of commentary or opinions that may be posted in response to the articles that appear on this website.

The inclusion herein of any link to a website, either in the text of an article or in a comment, does not denote any approval, sponsorship, or endorsement by the ABA, and ABA is not responsible for the content or opinions expressed on those linked websites or related commentary. This content is not licensed to third parties sites and is not affiliated with any third party site. Any reference to the author or this content on any third party site on the Internet is not authorized by the ABA.

It is the policy of the American Bankers Association to comply fully with all antitrust laws. Certain discussions should be considered off-limits, including those that contain competitively sensitive data such as price and cost information, or statements that could be construed as reflecting an attempt or desire to control or influence a particular market or markets. Future pricing or other prospective competitive information should never be shared.