Tag: credit_risk

Financial Regulators Issue Guidance on Lending to Non-Work Authorized Borrowers

13 Jul 2026 11:14 a.m. · Source: Office of the Comptroller of the Currency (OCC)

The OCC, FDIC, and NCUA issued guidance on July 13, 2026, advising financial institutions to apply existing credit risk practices when lending to non-work authorized borrowers, citing potential elevated risk due to income and employment uncertainties.

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