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Resources for bankers


For national banks, underwriting refers to the terms and conditions under which they extend or renew credit, such as financial and collateral requirements, repayment programs, maturities, pricing, and covenants. Banks may tighten standards in response to economic conditions while still continuing to extend credit in commercial and retail loan products.


AL = Advisory Letter

Credit Underwriting Standards and Portfolio Credit Risk Management (AL 1997-3, March 1997)
Covers the effects that changes in loan underwriting standards may have on portfolio credit risk and highlights elements of an effective risk program

Real Estate Lending Standards (12 CFR 34.62)
Prescribes standards for real estate lending to be used by national banks in adopting internal real estate lending policies

Survey of Credit Underwriting Practices
Series of surveys that cover examiner assessments of credit underwriting standards at the largest national banks