Most Popular Compliance Content
Commercial Loans: Customer Copy Of Appraisal Required?
05/26/2003
by Mary Beth Guard, BOL Guru
FinCEN Sheds Light on Exemptions
05/26/2003
by Mary Beth Guard, BOL Guru
Rescission Period for Incorrect Disclosure
05/19/2003
If an APR and payment schedule has been incorrectly stated on a Reg Z disclosure, are we required to offer a new rescission period when providing a corrected schedule? Does it make any difference if the loan was a refinance or a purchase money loan?
Compliance For Counting Coin
05/19/2003
When a bank accepts coin from a customer to be counted later in the day, for either counting through a coin counter or accepting it as rolled, What reg, statute, or law does this fall under? I have not been able to find anything that pertains to compliance.
RESPA & Bonuses For Credit Life Sales
05/19/2003
Our credit life provider is offering bonuses during a special promotional period to our lenders for selling credit life based on the volume of premiums. Some of these policies are for mortgages (RESPA). Is this a violation of Section 8 of RESPA? If so, would it make a difference if they excluded the amount of the premiums from the real estate loans to calculate the bonus?