Topic Options
#2132908 - 06/02/17 12:24 PM Anti-Predatory Lending Policy
Reg Warrior Offline
100 Club

Registered: 01/26/17
Posts: 117
My board is looking to consolidate policies. They would like to eliminate the Anti-Predatory Lending Policy and incorporate it with the Fair Lending Policy. Does anyone know if there is a requirement to have a separate Anti-Predatory policy? Is incorporating into the Fair Lending policy a good idea, or should in be in a TILA related policy?

Thanks

Top
HOEPA and Homeowner Counseling Rule
#2132915 - 06/02/17 12:37 PM Re: Anti-Predatory Lending Policy [Re: Reg Warrior]
MScarn6942 Offline
Platinum Poster

Registered: 08/12/15
Posts: 596
Loc: Land Lacking in Lakes, IL
There's not a requirement to have a separate one. Ours is incorporated into our Loan Policy. The fewer policies for the board to approve, the better smile


Edited by MScarn6942 (06/02/17 12:37 PM)
_________________________
"Pressure is something you feel when you don't know what you're doing" - Peyton Manning

Top
#2146486 - 09/18/17 02:01 PM Re: Anti-Predatory Lending Policy [Re: Reg Warrior]
osucpa Offline
Diamond Poster

Registered: 05/13/11
Posts: 1231
You have a separate TILA policy?

Top