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OCC: Underwriting Standards Ease for Fourth Straight Year

Underwriting practices among national banks and federal savings associations eased in 2016 for a fourth consecutive year, the Office of the Comptroller of the Currency said. The agency said easing standards reflect competitive pressures, expanding credit risk appetites, and a desire for loan growth. The OCC noted concerns related to aggressive growth rates, weaknesses in concentration risk management, and deterioration in energy-related portfolios.

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