Statutes, codes, and regulations
Washington Administrative Code
Title 208 - Financial Institutions, Department of (See also Titles 50, 419, and 460)
Chapter 208-512 - Banks and trust companies
Section 208-512-450 - Subprime mortgage lending Why do I need to read the federal guidance documents?

Wash. Admin. Code § 208-512-450

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Current through Register Vol. 24-21, November 1, 2024
Section 208-512-450 - Subprime mortgage lending Why do I need to read the federal guidance documents?

The federal guidance consists of two lengthy documents that are very detailed. Because they are required by state statutory law, they apply in their entirety. Division of banks cannot merely summarize them or give you a checklist. You must read the documents in order to apply them to your particular institution by means of integrating the guidance into your own policies and procedures.

Wash. Admin. Code § 208-512-450

Amended by WSR 17-24-053, Filed 12/1/2017, effective 1/1/2018

Statutory Authority: RCW 19.144.040 [19.144.030]. 08-22-070, § 208-512-450, filed 11/4/08, effective 12/5/08.