Credit Availability Guidance

GGD-93-15R: Published: Mar 30, 1993. Publicly Released: Mar 30, 1993.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

Pursuant to a congressional request, GAO reviewed regulatory policy initiatives that address the continued decline in credit availability. GAO found that: (1) regulators have issued financial guidance to clarify existing policies relating to financial institutions' assets and capital requirements; (2) uniform regulatory guidance ensures that bank examiners consistently evaluate the safety and soundness of the banking industry; (3) two major interagency policy initiatives developed by the Office of Thrift Supervision encouraged increased disclosure of financial institutions' loan portfolios, facilitated extensions of credit to worthy borrowers, and ensured sound assessments of the value of real estate used as collateral; (4) although most regulators were satisfied with the initiatives, few financial institutions have implemented Treasury's recommendations; and (5) the clarification of examination procedures should help leaders meet the credit needs of sound borrowers.

Oct 12, 2017

Sep 26, 2017

Sep 7, 2017

Jul 31, 2017

Jul 26, 2017

Jul 24, 2017

Jun 28, 2017

Apr 26, 2017

Looking for more? Browse all our products here