Subprime Mortgage Lending: Interagency Proposed Statement on Subprime Mortgage Lending

Details

• Publisher's site:
  https://www.fdic.gov
• Corporate Authors:
  Federal Deposit Insurance Corporation (FDIC)
• Description:
  The federal financial regulatory agencies are seeking comment on the attached proposed Statement on Subprime Mortgage Lending (Subprime Statement). The Subprime Statement addresses the risks and emerging issues relating to subprime mortgage lending practices, most notably certain adjustable-rate mortgage (ARM) lending products. Comments are due by May 7, 2007.
• Subject:
  Lending / Investments
• Dataset Download URL:
  https://www.fdic.gov/news/inactive-financial-institution-letters/2007/fil07026.pdf
• Format:
  PDF
• Release Date:
  03/09/2007
• Update Date:
  03/10/2008
• Withdrawn Date:
  Not Available
• Agencies Involved:
  Federal Deposit Insurance Corporation (FDIC) ; Office of the Comptroller of the Currency (OCC) ; Board of Governors of the Federal Reserve System (The Fed) ; Office of Thrift Supervision (OTS) ; National Credit Union Administration (NCUA)
• Fdic Employee Involved:
  Beverlea (Suzy) Gardner ; Mira Marshall
• Source:
  FDIC Website
• Memorandum To:
  FDIC-Supervised Banks (Commercial and Savings)
• Effective Date:
  05/07/2007
• FIL Number:
  FIL-26-2007
• Main Document Checksum:
  urn:sha256:98104280bc57f15a857fad5296ee0a7491296942eafb8a91a06bceef6d30a632
• Download URL:
  https://archive.fdic.gov/view/fdic/7366/fdic_7366_DS1.pdf
• File Type:
  [PDF - 36.93 KB ]