Mortgages Analyzed
Mortgages Analyzed
Mortgages Analyzed
 
OCC Bulletin
Home  > Regulaory Change  > 
Other Real Estate Owned: Updated Comptroller's Handbook Booklet
 
 
Type:
Notice
Type Detail:
OCC Bulletin
Publish Date:
Aug 31, 2018
Effective Date:
Aug 31, 2018
Source:
Source   
Type:
Notice
Type Detail:
OCC Bulletin
Publish Date:
Aug 31, 2018
Effective Date:
Aug 31, 2018
Source:
Source   
 

The Office of the Comptroller of the Currency (OCC) today issued the updated1 “Other Real Estate Owned” booklet of the Comptroller’s Handbook, which provides guidance to examiners on banks’ acquisition, reporting, management, and disposition of other real estate owned (OREO). The updated booklet includes accounting changes for foreclosed property under contract, in accordance with the Financial Accounting Standards Board’s Accounting Standards Codification Subtopic 360-20, Subtopic 610-20, and Topic 606. Other updates were made to the booklet, as summarized in the “Highlights” section of this OCC Bulletin and in the “Table of Updates Since Publication” section of the OREO booklet.

Comments

comments powered by Disqus
Finance
Know all there is to know about the US Mortgage Industry. We help you to make a well informed decision.
Finance
Loan Products
Confused about the choosing right loan product for you? We help you decide the loan product that suits your needs best.
Loan Products
Documents
Here you will find all there is to know about the forms, papers & documents required for Home Loan Mortgage and much more.
Documents
Regulation
List of all the Regulations related to US Mortgage Industry.
Regulations