United States:
OCC Provides Guidance For Examiners On Student Loans
17 May 2016
Cadwalader, Wickersham & Taft LLP
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The Office of the Comptroller of the Currency ("OCC")
published a new booklet in the Comptroller's Handbook titled
"Student Lending." The booklet provides guidance for
examiners on assessing the quantity of risk associated with private
student lending and the quality of student lending risk
management.
The booklet also highlights unique aspects of student loans,
industry practices, and the differences between federal versus
private student loans.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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