Next week on BankersOnline.com is Training Week. We'd love to hear your tips and tricks for making training fun, interesting, and effective. Participate!
For the six months ending March 31, 2001, FDIC examiners cited increases in the frequency of three risky underwriting practices for construction lending, including speculative construction loans (those not accompanied
by meaningful pre-sale, pre-lease or take-out commitments), loans with
deferred interest payments during the construction term, and loans that
funded 100 percent of the cost of construction and land, with no cash
equity on the part of the borrower/developer. FDIC
Report on Underwriting Practices
PMI, Truth in Lending, and Restitution
Forget to include PMI in your finance charge calculations? Your APR calculations? You've got problems - and you're not alone.
PMI, Truth in Lending, and Restitution
Standard Mortgage Closing Procedures
What if people in your institution are filling out the HUD-1s differently? What if one lists the appraisal and credit report separately and the other lumps them both into application fees? Are both OK? Standard Mortgage Closing Procedures
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Next week on BankersOnline.com is Training Week. We'd love to hear your tips and tricks for making training fun, interesting, and effective. 
