fed speech, 2005-11-07
In this regard, the financial institution regulators issued joint guidance on credit-risk management for home-equity lending in May, urging banks, thrifts, and credit unions that use brokers and correspondents to monitor the quality of loans by origination source in order to uncover problems and take appropriate action--including terminating the relationship--against any third-party originators that do not produce quality loans.
Sentiment: neutral
Topic: mp_credit