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.

1 comment:

  1. 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.



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