Homeownership Counseling: Revised Comptroller’s Handbook Booklet
Why this matters
The document is an OCC Comptroller's Handbook booklet that replaces a 2011 version and explains how examiners should assess existing homeownership counseling requirements under 12 USC 1701x(c)(5). That makes it guidance on applying existing rules rather than a rule or policy change. The text supports mortgage lending and consumer protection, but not broader sectors. The bulletin states that examiners decide on risk whether to use these procedures, and it notes the booklet does not apply to banks without qualifying home loans, so urgency is low and the score reflects limited practical impact.
AI-generated classification rationale, not a full analysis. Verify with the original OCC source before acting. Full disclaimer.
What the OCC said
The Office of the Comptroller of the Currency (OCC) today issued version 1.0 of the “Homeownership Counseling” booklet of the Comptroller’s Handbook.
Published by OCC . Read the full notice at the source for the authoritative text.
Context
Office of the Comptroller of the Currency (OCC) — Charters and supervises US national banks and federal savings associations. We track 76 updates from them.
US financial regulation is overseen by multiple agencies including the SEC, CFTC, Federal Reserve, OCC and FDIC. Browse all United States updates.
This update is classified under Consumer Protection / Conduct and Mortgage & Lending.