Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.
OCC - Credit risk of loan purchase activities
The OCC has issued Bulletin 2020-81 to remind banks it supervises of sound risk management principles regarding loan purchase activities. Commercial and retail loan purchase activities include purchasing whole loans, loan pools, loan portfolios, loan participations, or participations in syndicated loans from other banks or nonbank lenders.Lending activities, including loan purchase activities, are subject to certain regulatory standards and long-standing risk management guidelines. The OCC expects banks to engage in loan purchase activities in a safe and sound manner and in compliance with applicable accounting standards, laws, and regulations. Loan purchase activities should align with banks' strategic plans and be supported by sound risk management systems.