Office of Credit Risk Management

15 U.S. Code § 657t. Office of Credit Risk Management

(a) Establishment
There is established within the Administration the Office of Credit Risk Management (in this section referred to as the “Office”).
(b) DutiesThe Office shall be responsible for supervising—
(1)
any lender making loans under section 7(a) [15 U.S.C. 636(a)] (in this section referred to as a “7(a) lender”);
(2)
any Lending Partner or Intermediary participant of the Administration in a lending program of the Office of Capital Access of the Administration; and
(3)
any small business lending company or a non-Federally regulated lender without regard to the requirements of section 650 of this title.
(c) Director
(1) In general
The Office shall be headed by the Director of the Office of Credit Risk Management (in this section referred to as the “Director”), who shall be a career appointee in the Senior Executive Service (as defined in section 3132 of title 5).
This document is only available to subscribers. Please log in or purchase access.