The OCC recommends all but one of the following actions to help prevent a national bank"™s purchasing or acquiring preda

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answerhappygod
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The OCC recommends all but one of the following actions to help prevent a national bank"™s purchasing or acquiring preda

Post by answerhappygod »

The OCC recommends all but one of the following actions to help prevent a national bank"™s purchasing or acquiring predatory or abusive loans. Which practice is
NOT recommended?

A. Establish policies on the bank"™s relationship with third-party brokers and originators
B. Review loan documentation
C. Audit the third-party broker
D. Require the broker to establish a reserve account for legal contingencies
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