To Our Clients, Colleagues and Friends, With year-end approaching, do you have adequate loan loss reserves? We see too many mortgage banking companies that don’t set aside reserves, yet losses do and will occur from time to time. Talk to your auditors about this, but set something aside. Then add to it a little bit each month, and when the inevitable loss occurs, it won’t affect you as much or at all. A Comptroller of the Currency study shows that more than half of loans modified in the