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Banking Agencies to Host Webinar on COVID-19 Response

Thursday, March 26, 2020   (0 Comments)
Posted by: Amanda Averch
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The Federal and state financial institution regulatory agencies will host an interagency webinar Friday, March 27, at 2 p.m. EDT intended to clarify a recently issued statement encouraging financial institutions to work constructively with borrowers affected by the coronavirus pandemic. The webinar will provide additional information about loan modifications, including when such modifications would not result in accounting for troubled debt restructuring designation. Questions may be submitted in advance by emailing rapid@stls.frb.org. Register now. Read the interagency statement.

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