Washington Administrative Code
Title 208 - Financial Institutions, Department of (See also Titles 50, 419, and 460)
Chapter 208-512 - Banks and trust companies
Section 208-512-400 - Subprime mortgage lending Purpose of these rules
Universal Citation: WA Admin Code 208-512-400
Current through Register Vol. 24-18, September 15, 2024
These rules are designed to help Washington state-chartered banks (Title 30A RCW), savings banks (Title 32 RCW) and savings associations (Title 33 RCW) establish, reiterate, integrate and maintain their own policies and procedures regarding subprime and nontraditional mortgage lending guidance. These policies and procedures are required by a new state law, chapter 108, Laws of 2008 (chapter 19.144 RCW).
Statutory Authority: RCW 19.144.040 [19.144.030]. 08-22-070, § 208-512-400, filed 11/4/08, effective 12/5/08.
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