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Upcoming League Events

 

Webinar: Guidelines for OREO

 

Tuesday, February 26, 2013

 

Speaker:  S Wayne Linder, Young & Associates, Inc.

 

About the Program

Financial regulators are reviewing your institution’s Other Real Estate Owned (OREO) policies and procedures during safety and soundness examinations. They expect management to have developed an OREO policy that provides guidelines for acquiring, holding, and disposing of OREO in accordance with credit union regulations and guidance statements, instructions for preparation of the call report, as well as compliance with generally-accepted accounting principles.

 

HIGHLIGHTS

  • Valuation, flood, and IRS requirements
  • Maintaining properties
  • Selling and financing that transaction
  • Possible regulatory classification of OREO
  • Call report reporting
  • Accounting for OREO


Related Files
Printable Brochure (Adobe PDF File)

Related Links
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