Can someone please advise on credit review specialists acting as credit underwriter while also having voting approval for OLC committee?
Please explain do us what the duties are for a "credit review specialists". There is no violation, that I know of, for an underwriter to have voting approval. Many times you might find a loan committee voting member having to put together and underwrite a loan requrest because the analyst(s) might be too busy. The only violation, as mentioned above, is if your review specialist does appraisal review. In that case, it would be a violation of the Interagency Guidelines on Appraisals...