Skip to content
BOL Conferences
Forums · Active Threads · Forum Rules · Mark All Read · Log In
BankersOnline.com Forums Banker Forums Lending Compliance Commercial loan turndown
Thread Options
#1547584 - 05/06/11 06:00 PM Commercial loan turndown
HR Banker Offline
Diamond Poster
Joined: Oct 2002
Posts: 1,027
Does a turndown for a commercial loan require the Reg. B adverse action notice? Do all the same rules apply for consumer and commercial loans for a turndown?

Return to Top
Lending Compliance
#1547602 - 05/06/11 06:09 PM Re: Commercial loan turndown HR Banker
Kathleen O. Blanchard Offline

10K Club
Kathleen O. Blanchard
Joined: Dec 2000
Posts: 21,293
Reg B, 202.9 (a)(3) has the requirements for adverse action for commercial loans.

http://www.bankersonline.com/regs/202/202-9.html
_________________________
Kathleen O. Blanchard, CRCM "Kaybee"
HMDA/CRA Training/Consulting/Mapping
The HMDA Academy
www.kaybeescomplianceinsights.com

Return to Top

Moderator:  Andy_Z