Click here for guidance set forth by
the Conference of State Bank Supervisors, the American Association of
Residential Mortgage Regulators, and the National Association of
Consumer Credit Administrators regarding subprime mortgage lending. The
Office of Financial Regulation has authority under current statues and
rules to administer and enforce many of the issues addressed by the
guidance. However, the Office recommends that mortgage lenders and
brokers adhere to all of the principles set forth therein.
