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The Board and FRB Boston Generally Followed Their Process for Purchasing MSLP Loan Participations but Can Formally Document Some Key Processes

Inspection / Evaluation · Federal Reserve Board & CFPB OIG · 2023-07-17 · about Board of Governors of the Federal Reserve System

Report

Title
The Board and FRB Boston Generally Followed Their Process for Purchasing MSLP Loan Participations but Can Formally Document Some Key Processes
Submitting OIG
Federal Reserve Board & CFPB OIG
Component agency
Board of Governors of the Federal Reserve System
Type
Inspection / Evaluation
Publication date
2023-07-17

Recommendations (1)

#StatusText
1ClosedWe recommend that the Board’s Legal Division and FRB Boston’s Legal Department document a framework outlining the general process for identifying, determining, and pursuing action on ineligible loans as well as the key roles and responsibilities for…

Source

Authoritative
oversight.gov report page
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