LOAN CHARGEOFFS: The Exam Council is expected in the next several months to revise its loan chargeoff policy. The Exam Council is expected to drop a controversial proposal to require banks to write off all bad loans within 150 days. Instead, it will retain the 120-day writeoff period for closed-end loans and 180-day period for open-end loans.

FAIR-LENDING: The Exam Council is preparing guidance on fair-lending compliance. Includes details on how examiners will decide whether to search for pricing, underwriting, or marketing discrimination. The guidance is expected to be issued shortly and will take effect early next year.

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