Protecting Tenants at Foreclosure Act Policy
This Protecting Tenants at Foreclosure Act Policy is intended to ensure proper adherence of a bank, credit union, fintech company, or other type of financial institution to the provisions and intent of the Protecting Tenants at Foreclosure Act (PTFA) which protects tenants from evictions resulting from foreclosure on the properties they occupy.
Table of Contents
- Purpose and Contents – Topic 1
- Policy Statement – Topic 2
- Definitions – Topic 3
- Regulatory Background and Applicability – Topic 4
- Applicability of Other Laws, Rules and Regulations – Topic 5
- Risk Management – Topic 6
- Audit Policy – Topic 7
- Staff Training – Topic 8
- Retention of Documentation – Topic 9
Recent updates to this product:
05/18/26 Update
FDIC FIL-13-2026 – Agencies Issue Final Rule to Prohibit Use of Reputation Risk by Regulators and OCC Bulletin 2026-12 – Prohibition on Use of Reputation Risk by Regulators: Final Rule
This Protecting Tenants at Foreclosure Policy (approximately 8 pages) is available to purchase from BankPolicies.com in Microsoft® Word format.
Product Update Protection Plan
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