Interagency guidance issued in 2009 covering workouts of commercial real estate (CRE) loans contained several examples of loan restructurings and how they should be classified.2 I think the examples helped bankers and examiners alike understand policymakers’ expectations for the regulatory treatment of loan workouts. Still, even with the examples, we heard reports that the guidance was not being implemented consistently in the field.
18 See Jennifer Biess, Christopher Hayes, G. Thomas Kingsley, Diane Levy, Nancy Pindus, and Jasmine Simington, Housing Needs of American Indians and Alaska Natives in Tribal Areas: A Report From the Assessment of American Indian, Alaska Native, and Native Hawaiian Housing Needs (Washington: U.S. Department of Housing and Urban Development, January 2017), https://www.huduser.gov/portal/sites/default/files/pdf/HNAIHousingNeeds.pdf.