Most Popular Compliance Content
Refusing a Loan to Foreign Persons
05/07/2001
Can banks refuse to make loans to foreign persons (resident aliens, nonresident aliens, etc.)?
Can we provide RESPA disclosures electronically?
05/07/2001
The Federal Reserve issued interim rules giving guidance for e-disclosures under Regs B, M, Z, etc. What about HUD? Can we, or can we not, provide RESPA disclosures electronically?
Exempt Persons: Manually Monitoring Transactions
05/07/2001
What should the system for monitoring transactions of exempt persons consist of (when there is no automated system)? Is reviewing account statements annually ok and, if so, how many months of statements should be reviewed?
Reg CC, Savings Accounts, and Putting a Hold on Cash
05/07/2001
Regulation CC mentions demand deposit accounts. In the case ofsavings accounts, can I place a hold on cash? I did not see this anywhere.
Hazard Insurance Costs on the GFE & HUD1
05/07/2001
Are we required to include the cost of hazard insurance on GFE's and HUD1's? Does it matter that we do not require insurance payments? to be escrowed?