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Product Update Notification Loan Grading and Review Policy Template Update - 05/23/06 Bankpolicies.com is proud to announce the immediate availability of our new Loan Grading and Review Policy Template product. This new product replaces our Loan Grading Policy Template and Loan Review Policy Template products, and was completely redesigned based upon client feedback to incorporate greater detailed guidance outlined below. Product Contents Purpose and Contents - Topic 1 Policy Statement - Topic 2 Loan Grading Policy Statement Loan Review Policy Statement Enforcement Exceptions to Policy Credit Administration and Committee Responsibilities - Topic 3 Credit Administration Directors' Loan Committee Special Assets Committee Loan Grading System - Topic 4 Loan Risk Grade Categories Upgrade Procedures Downgrade Procedures Split Grade Procedures Loan Officer Responsibilities - Topic 5 General Supporting Information Guarantees and Third Party Support Collateral Terms and Documentation Other Considerations Credit File Availability Loan Review System - Topic 6 General Loan Review Scope Other Factors and Conditions Credit Review Examination Report Requirements Includes the following form template: Loan Grade Change Request (1 page) Ordering Information This new product is available to purchase from Bankpolicies.com for: $175.00 - List Price - or - $50.00 - Update Price (applies only to clients who have previously purchased our Loan Grading Policy Template or Loan Review Policy Template) If you have ordered either our Loan Grading Policy or Loan Review Policy Template after 04/23/06 you are eligible to receive this new product at no charge. Click here to place an order for this product. Clients who are eligible for our Legacy Rewards Volume Discount can apply their applicable discount level to the list or update price (whichever applies). NOTE: Refer to our Place an Order page for important information regarding payment terms and our return policy. Orders placed for Product Updates are only available directly through Bankpolicies.com. Find Out What's New or Revised with our Product Update Program Our Product Update Program allows existing clients to receive e-mail notifications from us the same day we issue a new or revised product. We encourage you to subscribe today for this free and convenient service. |