Remove Exercises Remove FDIC Remove Lending Remove Taxes
article thumbnail

Food for Thought: A Policy on Credit Exceptions

Abrigo

unsecured lending is bad rather than unsecured lending should only be extended to high pass risk rated credit). As the FDIC said recently: Exceptions to policy should be few in number and properly justified, approved, and tracked. and property tax payments. Get details in "A guide to implementing credit policy."

Policies 195
article thumbnail

DoD issues MLA interpretive rule; Ballard to hold Sept. 20 webinar

CFPB Monitor

The Department of Defense (DoD) has issued an interpretive rule to assist the industry in complying with its July 2015 final rule amending the Military Lending Act’s implementing regulation. Several of those suggestions are noted below. Highlights of the interpretive rule include the following: Scope of purchase money exception. .”