CBA Comments on Higher Loan-To-Value Lending

February 22, 2016

On Monday, February 22, 2016, CBA and other associations responded to the OCC’s request for comment on higher loan-to-value (LTV) lending in communities targeted for revitalization.


The purpose of the request for comment is to fulfill the Paperwork Reduction Act requirements pursuant to the Draft Bulletin: Risk Management Guidance for Higher Loan-to-Value Lending in Communities Targeted for Revitalization.  The organizations stated support for the OCC’s efforts to provide guidance for its banks in managing risks for certain higher LTV lending in communities targeted for revitalization.  The trades also expressed appreciation for the OCC’s support as they participate in responsible homeownership and revitalization efforts in distressed communities by offering their own loan products.