# The Board and FRB Boston Generally Followed Their Process for Purchasing MSLP Loan Participations but Can Formally Document Some Key Processes
> **Inspection / Evaluation** by 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

- **Rec 1** (Closed): We 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
- [oversight.gov report page](https://www.oversight.gov/reports/board-and-frb-boston-generally-followed-their-process-purchasing-mslp-loan-participations)
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