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#735919 - 05/18/07 05:27 PM Loans to Small & Medium size Businesses and Farms
SJB Offline
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SJB
Joined: Jun 2002
Posts: 1,210
California
Back in 1993 the agencies issued "Interagency Policy Statement on Documentaion for Loans to Small and Medium-Sized Businesses and Farms." This allowed banks to designate a certain amount of loans that would not be subject to eximiner criticism due to reduced documentation on the loan.
Is this still in effect?
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Lending Compliance
#738368 - 05/22/07 11:44 PM Re: Loans to Small & Medium size Businesses and Farms SJB
SJB Offline
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SJB
Joined: Jun 2002
Posts: 1,210
California
Anybody have an answer?
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#738374 - 05/23/07 12:04 AM Re: Loans to Small & Medium size Businesses and Farms SJB
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 84,997
Galveston, TX
Doing a quick search, I find no where that indicates that this statement has been rescinded.
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