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December 19, 2014
PREPAID PRODUCTS - Understanding the CFPB Proposal
John Burnett

January 6, 2015
Business Accounts Documentation and Procedures with Beneficial Ownership
Deborah Crawford

January 6, 2015
FFIEC Cybersecurity Initiatives and Observations from the 2014 Assessments
Susan Orr

January 15, 2015
The ABC's of IRAs - The Basic Ingredients
Patrice Konarik

January 20, 2015
B & Z Appraisal Rules - Getting Them Right
Jack Holzknecht

January 21, 2015
HMDA Soup to Nuts
David Dickinson

January 22, 2015
Navigating the Treacherous Waters of IRA Rollovers, Transfers and Beneficiary Payouts
Patrice Konarik

January 28, 2015
Mortgage Life Cycle
Part I
David Dickinson and Jerod Moyer



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#1340555 - 02/09/10 04:55 PM Modification vs. Renewal
Busy body Offline
100 Club

Registered: 11/09/04
Posts: 160
Loc: Texas
I understand that the definition of a renewal for CRA is extending the term of the note, even if it is by means of a modification. However, we recently identified a commercial loan where the term was extended by only a couple of months as part of a workout agreement to bring the loan current. The due date is about 10 years from now, now extended by a couple of months. It just seems to defy logic to report this, yet it appears that we should. Thanks in advance for any input.

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CRA
#1340823 - 02/10/10 10:12 AM Re: Modification vs. Renewal [Re: Busy body]
Mrs. Rizzo Offline
10K Club

Registered: 03/07/06
Posts: 10390
Loc: Curled up by the fire...
I would report it.
_________________________
Take responsibility for your life.

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