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#1403864 - 06/15/10 05:04 PM TDR Policy
Feeney Offline
New Poster
Joined: Dec 2009
Posts: 12
Florida
I've been asked to review our policy on TDRs and I was wondering if anyone has a sample TDR policy that they would be willing to share. We are regulated by NCUA.
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Feeney

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Lending Compliance
#1404153 - 06/15/10 10:42 PM Re: TDR Policy Feeney
CRAatBOK Offline

Power Poster
Joined: Mar 2004
Posts: 6,172
Further South than I wanna be.
What is a TDR?
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#1404268 - 06/16/10 02:02 PM Re: TDR Policy CRAatBOK
HRH Okie Banker Offline
Power Poster
Joined: Jan 2003
Posts: 3,070
Oklahoma
We currently don't have a policy as our TDRs number in the One.

Troubled Debt Restructuring:

Condition where a lender grants a concession to a borrower in financial difficulty. The Statement of Financial Accounting Standards No. 15 (FASB 15) divides debt restructuring of nonperforming loans, where the loan payments are past due 90 days or more, into two categories: (1) loans where the borrower transfers assets to the lender; and (2) those where credit terms are modified. The latter includes foreclosures, reductions in the interest rate, extension of the maturity date, and forgiveness of principal and/or interest payments. Typically, the lender negotiates a Workout Agreement with the borrower to modify the original credit terms rather than initiate foreclosure proceedings against the delinquent borrower.
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#1454917 - 10/13/10 08:51 PM Re: TDR Policy HRH Okie Banker
QCL Offline
Power Poster
QCL
Joined: May 2002
Posts: 6,259
NW IL
I am again going to post this question to other users.

Would anyone have a sample TDR - Troubled Debt Restructuring - Policy that they would share? I can PM you my email. Thanks!!!

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#1455322 - 10/14/10 06:49 PM Re: TDR Policy QCL
QCL Offline
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QCL
Joined: May 2002
Posts: 6,259
NW IL
bump

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#1455635 - 10/15/10 02:01 PM Re: TDR Policy QCL
QCL Offline
Power Poster
QCL
Joined: May 2002
Posts: 6,259
NW IL
Sooooo let me ask a new question then:

Has no one else's external auditors asked for this?
crazy

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#1455855 - 10/15/10 07:01 PM Re: TDR Policy QCL
bgehres Offline
100 Club
Joined: Mar 2005
Posts: 126
Our safety and soundness exam (FRB) just ended this week, they also are requiring us to have one (even though we currently don't have any loans that it would affect). I am looking as well, if I find something I'll let you know.

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#1455870 - 10/15/10 07:23 PM Re: TDR Policy bgehres
Duke Offline
100 Club
Duke
Joined: Apr 2005
Posts: 151
North Eastern CA
Ours is part of our Real Estate Policy. How do I private email this?

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#1456002 - 10/16/10 02:53 PM Re: TDR Policy Duke
HRH Okie Banker Offline
Power Poster
Joined: Jan 2003
Posts: 3,070
Oklahoma
Duke - Watch for a blinking symbol at the top of each page next to "My stuff". That will tell you that you have messages. Click on that and your messages will appear. The messages will probably be people sending you their email address for your TDR Policy.
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#1458912 - 10/25/10 01:25 PM Re: TDR Policy HRH Okie Banker
ryubaum Offline
New Poster
Joined: Oct 2010
Posts: 1
If anyone has a copy of their TDR policy that they could forward me, I would really appreciate it. Thanks.

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#1474067 - 11/30/10 10:11 PM Re: TDR Policy Duke
DWLinGA Offline
New Poster
DWLinGA
Joined: Nov 2010
Posts: 1
Duke...could you send me a copy of that policy?

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#1477796 - 12/08/10 06:03 PM Re: TDR Policy DWLinGA
kmorse Offline
New Poster
Joined: Dec 2010
Posts: 1
If Duke, or anyone else, would be willing to share a copy of the policy I would gladly appreciate it. I am beginning the process of writing a policy for our FI. Thanks.

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#1480686 - 12/14/10 11:01 PM Re: TDR Policy kmorse
Pisces Offline
Member
Joined: Nov 2006
Posts: 67
Texas
Any chance of me getting a copy of the policy also?

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#1524842 - 03/21/11 09:03 PM Re: TDR Policy Pisces
VA-CSR Offline
100 Club
VA-CSR
Joined: Feb 2003
Posts: 104
Northern Neck of Virginia
Looks like everyone else was working on this a few months ago, but I was asked about a TDR policy today. Anyone still have one they're willing to share?

Thanks!
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#1582259 - 07/22/11 10:30 PM Re: TDR Policy VA-CSR
smallfry Offline
New Poster
Joined: Apr 2008
Posts: 10
CA
Add me to the list of someone looking for a TDR policy. Any help is appreciated.

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#1630993 - 11/21/11 06:48 PM Re: TDR Policy smallfry
ComplianceGurl, CRCM Offline
Platinum Poster
Joined: Jul 2007
Posts: 500
Hi All! Just wondering if anyone was willing to share their TDR policy. We are not being asked for one too. Any help would be greatly appreciated!! Thank you in advance!

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#1632787 - 11/28/11 09:32 PM Re: TDR Policy ComplianceGurl, CRCM
acmewildcat Offline
New Poster
Joined: Mar 2011
Posts: 23
Me too! Please?!

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#1639198 - 12/14/11 10:47 PM Re: TDR Policy acmewildcat
Are we having fun yet? Offline
New Poster
Joined: May 2005
Posts: 6
Just found out we need a policy also if anyone has one to share. Thanks

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