Can we now use a revised Closing Disclosure to adjust a closing cost that’s increased after we’ve delivered the Closing Disclosure, and not have to absorb the increase?
How should we disclose construction loan inspection and handling fees?
We are having an issue with our application giving a compliance error when the 30 days past due is not taken into account on the payment history. Can anyone direct me to a rule/regulations concerning calculating the days past due for credit reporting? If an account is due on April 1st and it was reported on April 30th then it is only 29 days past due so it is reported as a current account with an Account Status of “11 – Current Account (0-29 days past the due date)”.. If it is not paid in May, on May 31st it is now 60 days past due. The account status would then jump to “78 – Account 60-89 days past the due date”. Skipping Account Status ’71 – Account 30-59 days past the due date”. Is this correct? Would the Payment History read “2000000000000000000000000”.
Can you tell me when a "Notice of Section 169 Housing and Community Development Act of 1987" notice is required to be sent to the consumer, other than with a delinquent/past due notice. Are they required to be sent with rate change notices and annual escrow analysis notices?
As a bank employee, are we required to provide a magnifying glass or similar to someone who is visually impaired in order to comply with ADA regulations?