This pertains to a loan modification on s consumer lot purchase loan. No new money is lent. We are modifying the maturity date and terms.
(1) Can the interest rate be modified?
(2) Does TRID apply?
What are the downsides of tracking policy exceptions in a spreadsheet?
We are going to open a loan production office and need guidance on what types of signs need to be in the lobby. I'm thinking only the Equal Housing Lender Poster, but not sure. We are not taking deposits, and we are not a HMDA reporter.
What are the biggest issues with manual loan ticklers?
On a secondary market loan where our loan servicer charges a tax service fee, should that be included in the origination charges section or services you cannot shop for?
When we close an account due to overdraft, we mail notices to the customer of the amount owed and that the account should be brought to a positive balance to avoid any collection proceedings. Do we need to mail a notification to the account holder when we have sent the account to a collection agency?
What is the biggest challenge pertaining to audits and exams?
Do most community banks track exceptions with spreadsheets?
Loan imaging software: What's its market penetration among community banks?
Bank tickler: what to look for?