Bankowość · 17/08/2010
Federal Agencies Issue Guidance on Managing Compliance and Reputation Risks for Reverse Mortgage Products
The OCC, FRB, FDIC, OTS, and NCUA have released a final guidance document to help financial institutions manage compliance and reputation risks associated with reverse mortgage products, which are complex loan offerings typically made to elderly consumers.
Source: Federal Register — Office of the Comptroller of the CurrencyOpen original release →