Some advice from your friendly neighborhood bank regulator

By Geert De Lombaerde Posted on October 16, 2009 at 7:23 am

Sheila Bair and her team are ready to help banks tackle the looming CRE crunch.

Prudent loan workouts are often in the best interest of financial institutions and borrowers, particularly during difficult economic circumstances and constrained credit availability. This guidance reflects that reality, and supports prudent and pragmatic credit and business decision-making within the framework of financial accuracy, transparency, and timely loss recognition.

permalink

Tags: banking, commercial real estate, Federal Deposit Insurance Corp., financial regulation, loan losses, Sheila Bair  

Comments