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BankersOnline.com Forums Banker Forums Need to Remain Anonymous Business Loans
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#1420284 - 07/27/10 04:29 PM Business Loans
Anonymous
Unregistered

Our loan software does not provide the privacy notice, notice of negative information or errors in omissions on business loans. Are these a requirements on business loans?

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#1420295 - 07/27/10 04:48 PM Re: Business Loans Anonymous
Doug Hendrickson Offline
Power Poster
Doug Hendrickson
Joined: Oct 2009
Posts: 3,927
I'm not sure about the other docs, but the privacy notice is not required for business loans. Our loan origination software produces the privacy notice when required based on the loan type.
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I hear and I forget. I see and I remember. I do and I understand.--Confucius

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