Alexa Tirse

Jul 13, 2023 | mondaq.com | Thomas Fileti |Jeremy Mandell |Jason Shafer |Alexa Tirse

The Board of Governors of the Federal Reserve System, Office of the Comptroller of the Currency, National Credit Union Administration, and Federal Deposit Insurance Corporation (collectively, the "Agencies") issued a joint Policy Statement on Prudent Commercial Real Estate Loan Accommodations and Workouts ("Statement"), which supersedes the 2009 Policy Statement on the same topic ("2009 Statement").