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September 8
Checkup for your RDC Program;
Susan Orr

September 10
Critical Issues on Certificates of Deposit;
Deborah Crawford

September 16
S.A.F.E. Act - Auditing for Compliance;
Patricia Cashman

September 22
FinCEN's Beneficial Owners Proposal: What It Can Mean for You;
Sonja Kriegsmann and John Burnett

September 23
Bankruptcy 101;
Sam Ott

September 24
Using CPTED to Make Our Banks Safer;
Dana Turner and Carol Dodgen



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#1690243 - 04/19/12 08:39 AM Credit score disclosure req'd for HELOC suspension
Many Hats Offline
Platinum Poster

Registered: 05/27/08
Posts: 890
Loc: Orlando, FL
If a bank pulls a credit report as part of procedures for reviewing a HELOC for possible suspension, and the line is suspended due to information contained in the report, is the bank required to provide the H-2 disclosure?

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#1690322 - 04/19/12 10:08 AM Re: Credit score disclosure req'd for HELOC suspension [Re: Many Hats]
Ted Dreyer Offline
Diamond Poster

Registered: 04/05/01
Posts: 2211
No, the H-2 is used when you increase the APR as a result of consumer report information.

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#1690740 - 04/20/12 07:59 AM Re: Credit score disclosure req'd for HELOC suspension [Re: Many Hats]
Many Hats Offline
Platinum Poster

Registered: 05/27/08
Posts: 890
Loc: Orlando, FL
That's what I thought. Do you have to provide any score disclosure, or just notify them of the suspension (to comply with Reg Z)?

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