FDIC TE JF UPDATED ACTUAL Questions and CORRECT
Answers
Part 335 Reporting Thresholds Securities Act of 1942
TA > $1M
and 500 shareholders (750 at initiation; 500 ongoing)
What loan problem is this: Poor Risk Selection
Absence sound lending policies, lack of sound credit
judgment, lacking margin of security, insufficient owner
equity
Sales Treatment (Loans) Isolated Interest
II RP NR Right to Pledge
No Repurchase
Minimum New Institution Policies Required Funds Management
FILL Investment
Loan
Liquidity
State Report Adequacy Criterion Completeness
CAED Arrangements
Exam Objectives
Documentation
Purposes of Capital Promote confidence
PRAP Restrict excessive asset growth
Absorb losses
Protect DIF
IT Rating Areas Management
MADS Audit
Development and Acquisition
Support & Delivery
Reg O Executive Officers Cashier
Chairment
VP
Secretary
President
Treasurer
(Or participates in policy making function)
Money Laundering Stages Placement
PLI Layering
Integration
, Trust Exam Components Management
MOECA Operations/Controls/Audit
Earnings
Compliance
Asset Management
Unsuitable Investment Activities Pair-offs
PAWREG Adjusted
When-issued
repositioning repo
extended settlement
gains
shorts
Appraisal Standards State licensed/certified
SCUMWADD USPAP
Market Value
Written
Appropriate Deductions/Discounts
Assets w/Embedded Options NMDs
examples... Callable Bonds
Structured Notes
Wholesale funds
Derivatives
Mtg Loans
MBS
Specialty Exams BSA
BITGMR IT
Trust
Gov't Securities Dealer
Muni Dealers
Registered Transfer Agent
CRA Factors Community development
CAMEO Assess community needs
marketing/credit offered
Evidence of discrimination
Openings/closings of branches
Golden parachute allowed? FDIC approves
4 items white knight
consent for 12 months pay severance plan
prudent IAP (no wrongdoing)
Real Estate Lending Policy guidelines Monitoring
MADUD Administration
Diversification
Underwriting
Documentation
Answers
Part 335 Reporting Thresholds Securities Act of 1942
TA > $1M
and 500 shareholders (750 at initiation; 500 ongoing)
What loan problem is this: Poor Risk Selection
Absence sound lending policies, lack of sound credit
judgment, lacking margin of security, insufficient owner
equity
Sales Treatment (Loans) Isolated Interest
II RP NR Right to Pledge
No Repurchase
Minimum New Institution Policies Required Funds Management
FILL Investment
Loan
Liquidity
State Report Adequacy Criterion Completeness
CAED Arrangements
Exam Objectives
Documentation
Purposes of Capital Promote confidence
PRAP Restrict excessive asset growth
Absorb losses
Protect DIF
IT Rating Areas Management
MADS Audit
Development and Acquisition
Support & Delivery
Reg O Executive Officers Cashier
Chairment
VP
Secretary
President
Treasurer
(Or participates in policy making function)
Money Laundering Stages Placement
PLI Layering
Integration
, Trust Exam Components Management
MOECA Operations/Controls/Audit
Earnings
Compliance
Asset Management
Unsuitable Investment Activities Pair-offs
PAWREG Adjusted
When-issued
repositioning repo
extended settlement
gains
shorts
Appraisal Standards State licensed/certified
SCUMWADD USPAP
Market Value
Written
Appropriate Deductions/Discounts
Assets w/Embedded Options NMDs
examples... Callable Bonds
Structured Notes
Wholesale funds
Derivatives
Mtg Loans
MBS
Specialty Exams BSA
BITGMR IT
Trust
Gov't Securities Dealer
Muni Dealers
Registered Transfer Agent
CRA Factors Community development
CAMEO Assess community needs
marketing/credit offered
Evidence of discrimination
Openings/closings of branches
Golden parachute allowed? FDIC approves
4 items white knight
consent for 12 months pay severance plan
prudent IAP (no wrongdoing)
Real Estate Lending Policy guidelines Monitoring
MADUD Administration
Diversification
Underwriting
Documentation
