Pub. 10 2021 Issue 4

Pub. 10 2021 Issue 4 19 Mortgage Investment Services Corporation 22316 Midland Drive • Shawnee, KS • 66226 • 913-390-1010 NMLS# 194708 • A Kansas licensed mortgage company #MC 0001182 Missouri Residential Mortgage Loan Broker Licence # 10-1912 Oklahome Mortgage Broker #MB001953 Colorado License #100044344 Nebraska Licensed Mortgage Company NMLS#194708 20 + Years! Affordable Housing is Good for your Community! MISC assists banks with mortgage services to better serve the needs of their customers and community. • Help families buy their first home • Low down payment USDA/RD, FHA, VA & Conventional Loan Programs • Elite service for your LOs and customers Call or email today. Let’s discuss how MISC can help you! Joan Emas, Account Executive Andrew Holtgraves , Vice President Cell: 816-810-8878 Cell: 913-558-2555 Email: Joan@MISCHomeLoans.com Email: Andrew@MISCHomeLoans.com NMLS: 276932 Auctions prices on used equipment is strong right now, fueled by an increase in demand. To get top-dollar for your unused machinery, sell it on BigIron Auctions. Our weekly online auctions are always unreserved, all equipment is lien-free, plus we never charge a buyer’s fee. Sellers enjoy our full-service approach, from our local team coming to your location to list the equipment, plus we market your items and collect buyer payments. www.bigiron.com (800) 937-3588 STRIKE WHILE THE IR N IS H T “When considering whether to take a formal or informal enforcement action in response to issues related to the pandemic, the agencies will consider whether an institution’s management has appropriately planned for financial resiliency and continuity of operations; implemented prudent policies; and is pursuing realistic resolution of the issues confronting the institution.” In other words, if banks can demonstrate that they are taking “prudent” actions to deal with borrowers adversely impacted by COVID-19, regulators will take that into consideration in deciding how to respond to asset quality issues that arise as a result. Pat Rohan is a Managing Director on FinPro’s Regulatory Team. Prior to joining FinPro, Pat had a 32-year career with the FDIC that included six years as the Regional Director (Division of Supervision) for the Boston Region. He earned a juris doctor degree from Loyola University School of Law and is also a graduate of the Stonier Graduate School of Banking. Pat holds a license to practice law in the State of Illinois. The Bank Exam Prep Center is provided by the Coalition of Bankers Associations to help member banks prepare for upcoming examinations. We ask every bank to complete our anonymous Post Exam Survey af ter each examination so we can help bankers identify hot topics and exam trends, and regulators resolve inconsistent application of exam practices from agency to agency and region to region. For more information, go to allbankers.org .