Most Popular Compliance Content
Tolerance for an Understated APR Violation
09/01/2008
What is the tolerance for an understated APR violation?
RESPA Record Retention
09/01/2008
Under RESPA, how long do you have to keep documents after a mortgage loan has paid off?
Full Amount of Fee as Prepaid Finance Charge
09/01/2008
We use life of loan flood determinations. Are we in compliance for listing the full amount of the fee as a prepaid finance charge? This fee affects the APR which ultimately affects the rate spread in HMDA reportable loans.
About the Verifying Address Requirement
08/29/2008
Would the verifying address requirement apply to an existing customer obtaining a new loan where the bank obtains a new credit report that shows an address discrepancy?
Separate Policy - or Amendment of FACT Act Policy
08/28/2008
Are the regulators wanting to see a separate policy...or can we amend our current FACT Act Policy to include the Red Flag and Identity Theft Policy Requirements?