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Bankowość · 22.10.2019

Other Real Estate Owned and Technical Amendments

The OCC is issuing a final rule to clarify and streamline its regulation on other real estate owned (OREO) for national banks and update the regulatory framework for OREO activities at Federal savings associations. The OCC is also removing outdated capital rules for national banks and Federal savings associations, which include provisions related to OREO, and making conforming edits to other rules that reference those capital rules.

Source: Federal Register — Office of the Comptroller of the CurrencyOpen original release →