How Long to Read Residential Real Estate Lending

How Long Does it Take to Read Residential Real Estate Lending?

It takes the average reader 3 hours and 3 minutes to read Residential Real Estate Lending by Office of Office of the Comptroller of the Currency

Assuming a reading speed of 250 words per minute. Learn more

Description

The Office of the Comptroller of the Currency's (OCC) Comptroller's Handbook booklet, "Residential Real Estate Lending," is prepared for use by OCC examiners in connection with their examination and supervision of national banks and federal savings associations (collectively, banks). Each bank is different and may present specific issues. Accordingly, examiners should apply the information in this booklet consistent with each bank's individual circumstances. When it is necessary to distinguish between them, national banks and federal savings associations (FSA) are referred to separately. For the purposes of this booklet, residential real estate (RRE) lending comprises loans for purchasing RRE (properties designed to house one-to-four families), refinancing loans used to purchase RRE, and extending closed-end loans or open-end lines of credit secured by the borrower's equity in RRE. RRE loans and lines of credit are generally protected by liens against the residential properties. This booklet addresses the risks inherent in RRE lending generally as well as risks unique to specific lending activities and products. It also discusses the OCC's supervisory expectations and regulatory requirements for prudent risk management. For information related to originating mortgages for sale, refer to the "Mortgage Banking" booklet of the Comptroller's Handbook. This booklet includes supplemental procedures to facilitate the supervision and examination of RRE lending activities. The procedures include an internal control questionnaire and verification procedures to support the examination process. Further, this booklet uses three distinct categories of lending operations: (1) a portfolio lender, such as a community bank or FSA with limited product offerings; (2) a departmental or divisional lender, such as a larger community bank or FSA with wider product offerings and more robust staffing; and (3) a large lender, such as a regional bank or FSA with a large menu of products and a dedicated staff of lending personnel. The size, scope, and complexity of each activity affect associated risks and the required risk management systems. Appendix C contains a table that details the basic characteristics of each category relative to RRE lending activities. The goal is to help the reader determine if the quality of the bank's risk management practices is commensurate with the quantity of risk being assumed by offering RRE loan products.

How long is Residential Real Estate Lending?

Residential Real Estate Lending by Office of Office of the Comptroller of the Currency is 182 pages long, and a total of 45,864 words.

This makes it 61% the length of the average book. It also has 56% more words than the average book.

How Long Does it Take to Read Residential Real Estate Lending Aloud?

The average oral reading speed is 183 words per minute. This means it takes 4 hours and 10 minutes to read Residential Real Estate Lending aloud.

What Reading Level is Residential Real Estate Lending?

Residential Real Estate Lending is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Residential Real Estate Lending?

Residential Real Estate Lending by Office of Office of the Comptroller of the Currency is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy Residential Real Estate Lending by Office of Office of the Comptroller of the Currency on Amazon click the button below.