Sound danger handling of loan purchase tasks generally includes

Ceos of all of the National Banks, Federal Savings Associations, and Federal Branches and Agencies; Department and Division minds; All Examining Personnel; and Other Interested events


Work associated with the Comptroller regarding the Currency (OCC) today issued this bulletin to share with banks 1 of sound danger management axioms regarding loan purchase tasks. 2 Commercial and retail loan purchase tasks consist of buying entire loans, loan swimming pools, loan portfolios, loan participations, or participations in syndicated loans from other banking institutions or nonbank loan providers. 3 Lending activities, including loan purchase tasks, are susceptible to particular regulatory requirements and long-standing danger administration instructions. The OCC expects banking institutions to take part in loan purchase tasks in a secure and sound way and in conformity with relevant accounting requirements, laws and regulations, and laws. Loan purchase activities should align with banking institutions’ strategic plans and get supported by sound danger administration systems. 4


A bank’s loan purchase tasks should be managed regularly featuring its other financing tasks, this is certainly, with sound risk administration commensurate because of the bank’s size, complexity, and risk profile. Continue reading Sound danger handling of loan purchase tasks generally includes