If a credit union participates out real estate loans, should the portion participated out be reported as sold but serviced by the credit union?
• Yes, as long as the credit union still services the loan. The account was added in 2004 to identify linkages between loan servicing and associated fee income and expenses. 15D. Account 712 captures the amount of real estate loans outstanding that will contractually refinance, reprice or mature within the next 5 years. Do I also report real estate loan cash flows over the next five years on loans not refinancing, repricing or maturing in the next 5 years? [Account 712] • No. Account 712 is used to calculate the amount of long-term real estate loans for Risk Based Net Worth (RBNW) purposes. “Long-term real estate loans” is defined in Part 702.104(a) of NCUA’s Rules and Regulations. The definition does not exclude near-term cash flows on long-term real estate loans. Account 712 is also used to calculate the ratio of net long-term assets. Reporting cash flows on long-term real estate loans results in an underreporting of the credit union’s RBNW requirement and ratio of net long-term asse
