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).