The Purpose of Advisory Letter in Avoiding Predatory and Abusive

The purpose of advisory letter in Avoiding Predatory and Abusive Lending Practices in Brokered and Purchased Loans- AL-2003-3 is to:

A) Adopt sound credit underwriting policies
B) Alert national banks to the risks they take if they make loans through brokers or purchase loans that contain or reflect abusive or predatory terms or practices
C) Adopt policies that address the circumstances under which the bank would make loans that have features associated with abusive lending practices
D) Make loans secured by the consumer's home but with high, up-front fees that are financed and secured by the home