Participation and Purchased Loan Policy
This Participation and Purchased Loan Policy Template addresses how a bank, credit union, fintech company, or other type of financial institution legally and prudently engages in participation and purchased loan transactions utilizing sound risk management principles that are commensurate with the organization’s size, complexity, and risk profile.
Table of Contents
- Purpose and Contents – Topic 1
- Policy Statement – Topic 2
- Risk Management – Topic 3
- Program Administration – Topic 4
- Participations Sold to Other Lenders – Topic 5
- Participations Purchased from Other Lenders – Topic 6
- Loans Not Eligible for Participation – Topic 7
- Repurchase Agreements – Topic 8
- Spit Borrowings – Topic 9
- Leveraged Lending – Topic 10
- Audit Policy – Topic 11
- Staff Training – Topic 12
- Retention of Documentation – Topic 13
Recent updates to this product:
OCC Bulletin 2023-27 – Loan Purchase Activities: Legal Lending Limit Guidance
This Participation and Purchased Loan Policy Template (approximately 15 pages) is available to purchase from BankPolicies.com in Microsoft® Word format.
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