OCC Bulletin 2017-28

Risk Management Guidance for Higher-Loan-to-Value Lending Programs in Communities Targeted for Revitalization The OCC issued Bulletin 2017-28 regarding circumstances under which banks may establish a program to originate certain higher-LTV loans, and OCC’s supervisory considerations regarding such programs.  These programs may be eligible for Community Reinvestment Act credit. The guidance provides information about the required policies and procedures under such … Read More