Home Equity Lending Credit Risk Management Guidance

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Office of the Comptroller of the Currency Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation Office of Thrift Supervision National Credit Union Administration CREDIT RISK MANAGEMENT GUIDANCE...

...in a safe and sound manner if pursued with the appropriate risk management structure including adequate allowances for loan and lease losses and appropriate capital levels Sound practices call for fully articulated policies 1 5 16 2005 that address marketing underwriting standards collateral... to mitigate this risk 14 See the Interagency Expanded Guidance for Subprime Lending Programs issued in January 2001 for supervisory expectations regarding risk management processes allowance for loan and lease losses and...

PDF Filename: 2005-22a.pdf

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