FHFA should update the Examination Manual’s Credit Risk Management module and Advances and Collateral module to include guidance on the review of topics and issues related to the Spring 2023 bank failures and otherwise incorporate lessons learned from the 2023 examinations of member credit risk management.
Questioned Costs
$0
Funds for Better Use
$0
Recommendation Status
Closed
Source UUID
84d6c7ee-da06-4897-8bfc-c0bb3ce8885b-EVL-2024-003-3
Recommendation Number
EVL-2024-003-3
Significant Recommendation
No