Federal Reserve Board invites comment on updates to its existing guidance on commercial real estate loan accommodations for borrowers
September 27, 2022
Federal Reserve Board invites comment on updates to its existing guidance on commercial real estate loan accommodations for borrowers
For release at 4:30 p.m. EDT
The Federal Reserve Board on Tuesday announced that it has invited comment on updates to its existing guidance on commercial real estate loan accommodations for borrowers. The proposal from the Board is identical to a proposal issued by the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration last month.
The proposal updates 2009 interagency guidance on commercial real estate loan workouts—agreements between lenders and delinquent borrowers to put borrowers’ loan payments back on track. It also adds a new section to the guidanc
