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The OCC Mortgage Banking Safety and Soundness Booklet – IBA Compliance Connection

The OCC Mortgage Banking Safety and Soundness Booklet

The OCC has updated its Mortgage Banking Safety and Soundness booklet from the Comptroller’s Handbook, replacing the OTS and OCC’s previous “Mortgage Banking” booklets. Updates include new guidance and procedures on the recent mortgage rule changes and mortgage banking risk management. The OCC also rescinded Bulletin 2011-29, “Foreclosure Management: Supervisory Guidance” (June 30, 2011).