Hello,

From a compliance perspective - looking over one procedure that indicates that after an analysis of the borrowers attributes, we can close the line draw feature and make arrangements to term out the loan based on "Credit Score with a concerning negative trend" - Is there a regulation that prohibits us from closing the line based on that attribute alone?

Thank you,

You need to read 1026.40(f) very carefully.

https://www.bankersonline.com/regulations/12-1026-040#f

Thanks Randy!