If ITF is only for savings accounts, what happens to checking account when the owner is deceased?
When should an early disclosure be used on a renewal and extension of a real estate loan?
If part of line 801 "Origination Fee" is broken out as Doc Prep Fee, can that portion be excluded from the Finance Charge for TILA?
Do credit score disclosures only need to be given on real estate loans?
I have a request for a home equity loan on a second home. What determines that the property is a second home and do I send the same disclosures as a primary residence?
Is there a regulation or law that mandates a joint account that is tax reportable under a deceased holder be closed and a new account opened for the surviving joint owner OR is this just a policy that some institutions come up with to reduce some sort of liability? If it is a reduction in liability, what is the liability of transferring the reporting tax ID to another party after an account is opened?
On a consumer purpose loan secured by the borrowers' home, is it required to give a co-signer (not an owner of the home) the Servicing Disclosure, and the Credit Score Disclosure?
Can a 40-year-old "minor" deposit a check payable to "father CUST for minor under UTMA" if the father is deceased and the minor is an executor or estate representative?
Is CRA purpose driven or collateral driven?
During a recent review of some real estate files, our bank has discovered that we put a floor rate on some loans in which the note did not specify. We are going to reimburse the interest charges due to this problem. Are there any regulations/procedures that we must follow?