Other Real Estate Loan Policy Update Details

Product Update Notification - 07/13/09

Other Real Estate Owned Policy Update Details

What's New

Topic 9 - Property Disposition Alternatives. Includes the following subtopics:

General

Cost Structure

Risk Management

Community Reinvestment Act Applicability

Property Disposition and Discount Program

Discounted Note Sales

Sponsoring or Facilitating Federally Assisted Tax Credit Transactions

Topic 13 - Staff Training. Provides sample guidance for the periodic training of the board of directors, senior management, and other related financial institution personnel.

What's Revised

Topic 3 - Regulatory Overview. A new subtopic entitled "Fiduciary Responsibilities to Investors" was added. In addition, the "Holding Period" subtopic was revised.

Ordering Information

This product is available to purchase from Bankpolicies.com for:

$175.00 - List Price

- or -

$50.00* - Update Price

*Applies only to clients who have purchased the Other Real Estate Owned Policy Template within the last three years including the following updates (if applicable):

Other Real Estate Owned Policy Template Update - 07/08/08 - $25.00

Other Real Estate Owned Policy Template Update - 02/20/08 - $25.00

If you have ordered this product after 06/13/09 you are eligible to receive the product update 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.

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