Other Real Estate Owned and Technical Amendments

Title:
Other Real Estate Owned and Technical Amendments
Subject: OREO
Agency: OCC
Status: Final rule
Summary:
The OCC is issuing a final rule to clarify and streamline its regulation on other real estate owned (OREO) for national banks and update the regulatory framework for OREO activities at Federal savings associations. The OCC is also removing outdated capital rules for national banks and Federal savings associations, which include provisions related to OREO, and making conforming edits to other rules that reference those capital rules.
FR Doc: 2019-22823

2019-25279 (notice of delayed effective date)

2019-28054 (supplemental analysis)

Date proposed: April 17, 2019
Comments due date:

June 24, 2019

Final rule effective date: Jan. 1, 2020
Rule compliance date:
Agency release:

Related Reg Report item(s):

OCC proposes update of ‘other real estate owned’ rules for national banks, savings associations

Final rule completes update of OREO regs (first in more than 20 years) for savings associations, national banks

Be the first to comment

Leave a Reply

Your email address will not be published.