Most Popular Compliance Content
Investment Firms and Banks Selfdealing
01/19/2004
Our bank has just recently purchased an investment firm. My question is, Can the bank purchase investment products for the bank from the firm or is that selfdealing?
Disclosures on HELOC to Purchase Home
01/19/2004
What required disclosures to you need on a HELOC ifthe main purpose of the loan is to purchase the borrowers' house? They are only asking for $40,000.00? Do you need an early truth in lending disclosure or early good faith estimate and any other early disclosures?
UCC Recording Fee Treatment Under Reg Z
01/19/2004
Are fees for UCC recording considered a prepaid fee?
Signatures on ARM Disclosures
01/19/2004
Is there something in the regs which requires borrowers sign the ARM Disclosures?
Rescission Rights on Collateral Swap
01/19/2004
Does the right to rescind apply when we are just "swapping properties"? We currently hold a 2nd mortgage on a property. That property is being sold and we would like to replace the mortgage with the new property, but not refinance the loan. Does Reg Z apply to this transaction? No new money is involved. Original lender.