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Risk Management of Home Equity Lending Policy

$100.00

The purpose of this Risk Management of Home Equity Lending Policy Template is to ensure a bank, credit union, or other type of financial institution maintains sound risk management practices with respect to its home equity lending products and programs, including open end home equity lines of credit (HELOCs) and closed end home equity loans (HELs).  See more information about this product below.

Description

Risk Management of Home Equity Lending Policy

The purpose of this Risk Management of Home Equity Lending Policy Template is to ensure a bank, credit union, or other type of financial institution maintains sound risk management practices with respect to its home equity lending products and programs, including open end home equity lines of credit (HELOCs) and closed end home equity loans (HELs).

Table of Contents

  • Purpose and Contents – Topic 1
  • Policy Statement – Topic 2
  • Consumer Protection – Topic 3
  • Product Development and Marketing – Topic 4
  • Origination and Underwriting – Topic 5
  • Third Party Organizations – Topic 6
  • Collateral Valuation Management – Topic 7
  • Account Management – Topic 8
  • Working With Borrowers – Topic 9
  • Portfolio Management – Topic 10
  • Operations, Servicing and Collections – Topic 11
  • Secondary Market Activities – Topic 12
  • Portfolio Classifications, Allowance for Credit Losses, and Capital – Topic 13

Recent updates to this product:
03/04/19 Update
Current Expected Credit Losses (CECL) Accounting Standard

This Risk Management of Home Equity Lending Policy Template (approximately 14 pages) is available to purchase from BankPolicies.com in Microsoft® Word format for $100.00.

NOTE: The complete contents of this template are also included in the Mortgage Loan Policy Template.

Want to ensure your purchase from BankPolicies.com remains current? Add a Product Update Protection Plan to your shopping cart to ensure that you will automatically receive an updated version every time it is revised via e-mail within one year from the last date of purchase. This timely and cost-effective solution ensures that you stay on top of federal regulatory changes and industry recommended best practices.

When updates are made you will receive detailed information regarding why the product was updated and what has changed within the product in our Product Update Notification e-mail correspondence. This enables you to make an informed decision on whether to make any changes to the policy or procedure you implemented for your financial institution from the revised template.

BankPolicies.com provides your financial institution with the best bank policy template products available in the industry. You will always be up to date with the latest changes to bank policies and never have to worry about being out of compliance with the various laws, rules and regulations issued by the Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve, Office of the Comptroller of the Currency (OCC), or other federal regulatory bodies that may apply to your organization.

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