Most Popular Compliance Content
HUD-1s and Fees
03/01/2004
by Lucy Griffin, BOL Guru
OCC Speaks Out on Consumer Complaints
03/01/2004
There has been a lot of controversy and heated debate over the recent OCC preemption rule.
Prescreening Study
03/01/2004
One of the many studies mandated by the FACT Act will be the Federal Reserve's study of prescreened credit or insurance solicitations. The study must be completed by December 4, 2004.
Upgrading FinCEN Data Systems
03/01/2004
Everyone needs better computers and FINCEN is no exception. The agency is looking at ways to improve its computer systems.
Multiple GFEs and Customer Confusion
03/01/2004
We send GFEs on our construction loans because we automatically approve the permanent financing. We were recently cited by an external audit firm because we sent two separate GFEs with separate estimates. They said we should include the construction costs on the permanent GFE, even though we have already disclosed them on the interim GFE. We think this would be confusing to the customer and do not know if it is necessary. Can you please help?