Yup ... been through 2 DFIs, 1 FDIC, 1 FRB & 4 Audits (used this approach at 2 different banks)
as long as you have other ways to monitor loan activity & you're confident that "the Bank’s underwriting standards are high and loans require a detailed analysis of the customer/business activity"
Last edited by (not as) newbsa; 07/31/09 12:03 AM.
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My opinions are my own, and not that of my employer.