LOAN CHARGEOFFS: The Federal Financial Institutions Examination Council dropped a controversial plan to require banks to write off all bad loans within 150 days. Instead, regulators will retain the 120-day writeoff period for closed-end loans and the 180-day period for open-end loans. Regulators also revised several minor chargeoff policies. Published Feb. 10. Effective for the June 30 call report.

SECURITIZATION: The Small Business Administration issued a final rule allowing banks to securitize the nonguaranteed portion of 7(a) loans if they retain a portion of the credit. Published Feb. 10. Effective April 12.

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