FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL
Uniform Retail Credit Classification and Account Management Policy
No loan should be re-aged, extended, deferred, renewed, or rewritten more than once within any twelve-month period – that is, at least twelve months must have elapsed since a prior reaging. In addition, no loan should be re-aged, extended, deferred, renewed, or rewritten more than two times within any five-year period.
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