Other Real Estate Owned (OREO/REO) Policy - $175.00
The purpose of this Other Real Estate Owned (OREO/REO) Policy is to address how a financial institution properly disposes its Other Real Estate Owned (“OREO” or "REO") properties in a manner which is expeditious and maximizes the potential value of such properties in accordance with all related laws, rules and regulations.
Table of Contents
Purpose and Contents - Topic 1
Policy Statement - Topic 2
Regulatory Overview - Topic 3
Special Assets Department Responsibilities - Topic 4
Management of Properties - Topic 5
Property Disposition Alternatives - Topic 6
Accounting - Topic 7
Expenses, Taxes and Insurance - Topic 8
Credit Risk Rating Assignment - Topic 9
Audit Policy - Topic 10
Staff Training - Topic 11
Retention of Documentation - Topic 12
This policy template (approximately 42 pages) is available to purchase from BankPolicies.com in Microsoft® Word format for $175.00.
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