Question: Clear, written loan underwriting standards are important because they: A. convey the bank's risk appetite to lending staff (i.e. what risks are / are not

Clear, written loan underwriting standards are important because they:

A.

convey the bank's risk appetite to lending staff (i.e. what risks are / are not acceptable).
B.

outline what elevated approvals are required for loans having exceptions to the standards.
C.

are expected by the Fed, OCC and other regulators.
D.

A and C only
E.

A, B and C

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