12 CFR § 160.170 - Records for lending transactions.

---
identifier: "/us/cfr/t12/s160.170"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 160.170 - Records for lending transactions."
title_number: 12
title_name: "Banks and Banking"
section_number: "160.170"
section_name: "Records for lending transactions."
chapter_name: "COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY"
part_number: "160"
part_name: "LENDING AND INVESTMENT"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1462a, 1463, 1464, 1467a, 1701j-3, 1828, 3803, 3806, 5412(b)(2)(B); 42 U.S.C. 4106."
regulatory_source: "76 FR 49030, Aug. 9, 2011, unless otherwise noted."
cfr_part: "160"
---


# 160.170 Records for lending transactions.

In establishing and maintaining its records pursuant to § 163.170 of this chapter, each Federal savings association and service corporation should establish and maintain loan documentation practices that:

(a) Ensure that the institution can make an informed lending decision and can assess risk on an ongoing basis;

(b) Identify the purpose and all sources of repayment for each loan, and assess the ability of the borrower(s) and any guarantor(s) to repay the indebtedness in a timely manner;

(c) Ensure that any claims against a borrower, guarantor, security holders, and collateral are legally enforceable;

(d) Demonstrate appropriate administration and monitoring of its loans; and

(e) Take into account the size and complexity of its loans.